International Asset Reconstruction Company Private Limited (IARC) is registered under Section 3 of the SARFAESI Act, 2002, as a Securitisation and Reconstruction Company with the Reserve Bank of India. IARC was promoted in 2002 by professionals from the banking and financial services sector, for reconstruction of financial assets. HDFC Bank Ltd., Tata Capital Financial Services Ltd., City Union Bank Limited, FMO, Netherlands, ICICI Bank Ltd. and Standard Bank Plc, UK are its institutional shareholders.
With offices in Mumbai, Gurugram and Chennai, IARC aims to carve out a niche for itself, helping in revival of NPAs of sick units with turnaround potential, and optimizing resolution of Non-performing assets (NPAs).
IARC aims to be a dominant player across all segments and optimize resolution results in terms of amounts realized as well as time taken thereof and boasts of one of the best talent pool and persons with rich experience in the domain. Till date, IARC has developed business relationship with 29 financial institutions/ banks both in public sector and private sector and foreign banks.
Our Vision Statement
To be a leading national player in the acquisition, management and resolution of non-performing loans by leveraging on quality human capital and adopting best business practices judiciously with cutting edge technology.
- To unlock the value hidden in nonperforming loans
- To set global standard of excellence
- To help set up and develop vibrant primary and secondary distressed asset market in India.