Set up in 2002, Asset Reconstruction Company (India) Limited (Arcil) India’s first and among the leading asset reconstruction companies in the country. Since its inception, Arcil has resolved over Rs.780 billion worth of Non-Performing Assets (NPAs) acquired from Indian banks and Financial Institutions.
Arcil is sponsored by prominent banks and financial institutions such as Avenue India Resurgence Pte. Ltd., State Bank of India (SBI) and Punjab National Bank (PNB). Being a private entity headquartered in Mumbai, Arcil is also an associate member of Indian Bankers Association.