The Full Form of ARCIL is Asset Reconstruction Company (India) Limited.

Asset Reconstruction Company (India) Limited operates as a non-banking finance company. The Company provides non-performing assets resolution services to banks and financial institutions. Asset Reconstruction serves customers in India.

ISARC is the country’s first ARC supported by a large number of public sector banks and undertakings. It will strive for speedier resolution of NPAs with a focus on MSME sector.
ISARC endeavors to unlock the idle NPA assets for productive purposes which would facilitate greater and easier flow of credit from the banking sector to the MSMEs.

ASREC (India) Limited, a Public Limited Company incorporated under the Companies Act 1956 has been granted certificate of registration by RBI on October 11, 2004 to carry out activities under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002.

The Company acquires Non Performing Assets (NPAs) from the Banks / Financial Institutions at mutually agreed prices with the objective is to maximise the returns through innovative resolutions strategies.

ASREC positions itself as the multi lender ARC in the public sector aiming to earn the confidence of the financial system in the effective resolution of NPAs by operating in transparent manner with flexibility of the private sector.

A Non-government, a Non-profit organization, Indian ARC Association (“IAA”) is voice of all Asset Reconstruction Companies, currently there are 27 ARCs registered with Reserve Bank of India. Association is active for more than 8 years. Association interacts with various Ministries, regulatory and government bodies in- order for smooth functioning of business; it also acts as forum for discussion which provides platform for exchange of ideas. We work towards creating a regulatory environment which is favourable for our members. Association articulates views and concerns of its stakeholders. We our closely associated with other industry Associations such as ASSOCHAM, Indian Bank Association (IBA) etc with the objective of presenting an industry consensus view to the Government on crucial issues affecting the members ARCs. We work towards influencing policies and play a crucial role in addressing various legal issues faced by our Membersbefore an appropriate forum. The Association is governed by its own rules and procedures. Over the years Association has played a proactive role in raising concerns of its stakeholders.

To continuously pursue the common interest of the Asset Reconstruction Companies for effective management of their business thereby reforming the business of securitisation and asset reconstruction, thus creating value for the stakeholders.