ARCIL Bets On Retail, SME Expansion As India's Stressed Asset Market Deepens

Asset Reconstruction Company (India) Ltd. (ARCIL) sees significant growth opportunities in India's stressed asset market, with retail and SME acquisitions expected to expand faster than its traditional corporate portfolio, Phanindranath Kakarla, Chief Executive Officer and Managing Director, Asset Reconstruction Company (India) Limited and Pramod Kumar Gupta, Chief Financial Officer, Asset Reconstruction Company (India) Limited told NDTV Profit. The company, which manages stressed assets worth about Rs 20,000 crore across 35 lakh NPA accounts, is targeting recoveries of 22-25% of its total assets under management and said it has adequate capital and liquidity to support future growth.