IARC

About IARC

International Asset Reconstruction Company Private Limited (IARC) is an Asset Reconstruction Company (ARC) registered with the Reserve Bank of India under the SARFAESI Act, 2002. Founded in 2002 by banking and finance professionals, the firm specializes in the acquisition and resolution of Non-Performing Assets (NPAs). IARC operates across various segments to revive sick units with turnaround potential and optimize the resolution of distressed assets. The company's business model involves acquiring financial assets from banks and financial institutions and resolving them through methods like restructuring, one-time settlements, asset sales, and legal recourse. IARC has established business relationships with over 24 public sector, private sector, and foreign banks.

The company serves financial institutions by taking over their stressed loan portfolios, which allows the institutions to focus on their core underwriting business. For individual and corporate debtors, IARC provides a digital debt resolution platform with customized and flexible repayment plans, aiming to make the process transparent and straightforward. The firm utilizes an end-to-end resolution management system, incorporating a core banking solution, a collection management system, and a legal and litigation system, all supported by deep analytics and proprietary algorithms to efficiently manage large portfolios. IARC's institutional shareholders have included prominent entities such as HDFC Bank Ltd., Tata Capital Financial Services Ltd., ICICI Bank Ltd., City Union Bank Limited, and FMO (the Dutch entrepreneurial development bank).