Meliora Asset Reconstruction Company Limited
MARC is engaged in the acquisition of Non Performing Assets (NPA’s) from Banks/FIs & providing resolution as per the guidelines issued by Reserve Bank of India. It has shaped its objective to contribute in the growth story of the nation by handling distressed assets of Banks and FIs and helps them keep their books clean and competitive and focus on their core business. MARC on the other hand will help the distressed companies to revive their business.
MARC focuses on revival and resolution of assets with particular focus on small and medium business sector.
The professional directors and senior retired bankers on the board, as independent directors would provide oversight and stability and sustainability to the operations.
MARC with its distinct capabilities of expertise in stressed asset resolution, with adequate mobilization of funds both internally and externally, backed by good corporate governance shall stand out as a niche player. MARC focuses on revival and resolution of assets particularly of SMB sector. The large cap assets would be part of the portfolio.