IARC Fund Raising Initiatives - IARF-I

The International Asset Reconstruction Fund-1 (IARF-1) of Rs. 400 crores, launched by us in 2010, has since been successfully completed with commitments from three well known International investors and other domestic investors. Owing to limitations on FII investments, IARF-I has been finally closed at Rs. 240 crore approx. With IARF-1, we get a competitive edge in the ARC Industry, as it helps in capturing available NPA market speedily, especially facilitating in acquisition and subsequent financing of units having restructuring potential. Also, we are the only ARC to have three reputed FIIs as investors in Fund, demonstrating their faith and trust in our working and performance.