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 State Bank of India (SBI), IDBI Bank Limited (IDBI), ICICI Bank Limited (ICICI) and Punjab National Bank (PNB). Being a private entity headquartered in Mumbai, Arcil is also an associate member of Indian Bankers Association.
Having commenced operations to resolve corporate NPAs, Arcil was among the first i....Read more.
What differentiates Arcil from others is the Mid Office Group who also mitigates pre-sanction risk involved in decision making and I feel lucky to be part of this group. Arcil also gave me the opportunity to work as a Company Secretary for a brief period. Lastly, people here are very supportive and Group Heads are approachable.
-Amarendra Mulye/ AVP- Risk & Complaince
Starting my career as a Management Trainee in 2009, when few were willing to hire fresh MBAs Arcil gave me the chance to prove my ability. Every day is a new learning day for me where I have been mentored by my seniors. Expectations has continuously tested my business knowledge and communication skills including business drafting, kept me on the edge so as to better myself everyday and given me tremendous exposure in the NPA industry which has helped me in developing into a better and confident individual.