ISARC vision is to become the leading Asset Reconstruction Company which would unlock the idle NPAs lying in the Financial Sector, including Banks/FIs, with a focus on the NPAs in the MSME sector, for their productive use by resorting to innovative resolution mechanisms of NPAs.
About ISARC
Origin of ARCs
Asset Reconstruction Companies [ARCs] are established under SARFAESI Act, 2002 as specialized entities for NPA resolution. These ARCs are established to acquire, manage and recover illiquid or ¡®Non-Performing¡¯ Assets [NPAs] from Banks / FIs. This process would relieve the banking system of the burden of NPAs and would allow them to focus better on their core function of financing and development of new business opportunities so as to further strengthen the economy. The ARCs would maximize recovery value with optimal costs through its innovative NPA resolution methods.
Authum's growth story is underpinned by its success in creating a flourishing proprietary equity Investments Business, as well as its successful acquisition of two large NBFC businesses and subsequent scale up of its Credit Business. Today, Authum offers a unique combination of an Investments Business and a Credit and Alternative Assets Business operating synergistically to deliver superior stakeholder value. Authum aspires to become a full suite financial services company, capable of providing financial solutions across the entire spectrum of the capital structure and continuing to deliver superior value for all its stakeholders.
