ASREC (India) Limited

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.

Vision

To be ARC of choice for Banks and FIs for distinctive cost effective and prompt NPA resolution for distressed enterprises for hand holding human approach.

Mission

Speedy resolution and rehabilitation of NPAs by innovative strategy and effective implementation in transparent manner in keeping with best corporate practices.