Category: Insolvency
RBI-licensed company that buys NPAs from banks and pursues recovery, including through SARFAESI auctions.
ARCs (e.g., ARCIL, Edelweiss ARC, Phoenix ARC) acquire NPAs at a discount from banks, then take over the SARFAESI / DRT recovery process. Auctions conducted by ARCs follow the same SARFAESI framework as bank-conducted auctions.
Need broader context? Read our pillar guides for in-depth coverage of SARFAESI, DRT, NCLT, EMD, title due diligence, and financing.
