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UV Asset Reconstruction Company Limited
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Incorporated in May 2008 and registered with the Reserve Bank of India (RBI) in November 2008, UV Asset Reconstruction Company Limited (UVARCL) operates as an Asset Reconstruction Company (ARC). Its primary business is the acquisition of Non-Performing Assets (NPAs) from the Indian banking sector and subsequent resolution through various mechanisms like restructuring, settlement, or legal enforcement. The company plays a crucial role in cleaning up the balance sheets of financial institutions and unlocking value from stressed corporate and retail assets.
India
Industry
Financial