Overview
Employees
51-200 employees
Headquarters
Asia-Pacific (APAC)|Mumbai, Maharashtra, India
Incorporated in 2002, Arcil is the first and most well recognized ARC in India who is owned by banks like SBI, IDBI, ICICI, PNB and strategic foreign investors. Arcil has since acquired exposure of more than 700 billion in about 1,000 such distressed Industrial units from over supported 65 private and nationalized banks by taking distressed asset from their balance sheet over its life. Arcil has unique distinct unit called Arms, which provide solution for NPL resolution in retail, and SME. The offices of Arcil is present across 17 cities in India. Asset Reconstruction Company (India) Ltd. operates as a asset reconstruction company. Asset Reconstruction Company (India) Ltd. operates as a asset reconstruction company. Since its inception, Arcil has resolved over Rs.780 billion worth of Non-Performing Assets (NPAs) acquired from Indian banks and Financial Institutions.