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imageASREC (INDIA) Ltd. – Asset Reconstruction Company (Bank’s shareholding: 26.06%)


ASREC is a securitization company carrying out activities under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002. (SARFAESIA). The Company is acquiring NPA accounts of Banks and FIs.at mutually agreed prices with the objective to maximize the returns through innovative resolution strategies. ASREC ensures greater efficiency in resolving the NPAs through approval of cases at DRT.