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Reliance Asset Reconstruction Company Limited

Financial Services
eliance centre, 6th floor, north wing, near prabhat colony,santacruz east, mumbai, maharashtra 400055, indien

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About Reliance Asset Reconstruction Company Limited

Reliance Asset Reconstruction Company Limited (RARC) is a leading securitisation and asset reconstruction company based in Mumbai, India. Established in 2008, it has significant backing from Reliance Capital Limited and other sponsors, and is registered with the Reserve Bank of India under the SARFAESI Act, 2002. RARC specializes in acquiring non-performing financial assets from banks and financial institutions. The company focuses on restructuring these assets to enhance their viability and employs various strategies for resolution. Its services include the acquisition of non-performing assets, asset restructuring, and securitisation, which involves converting illiquid assets into tradable securities. RARC primarily targets the mass market segment, including loans for working capital and loan receivables from corporate and industrial clients. As of March 2024, RARC's assets under management reached ₹2,329.14 crore, with a total income of ₹67.66 crore and a profit after tax of ₹18.62 crore. The company maintains strong liquidity and capital adequacy, contributing to the stability of the banking system in India.

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