Asset Reconstruction Companies : Unlocking Value in the economy

05 June, 2015, New Delhi

About the Event  | Agenda

Stressed Assets in the Indian Banking System have reached an alarming 10.7% of Gross Advances as on September 30, 2014 unprecedented in a decade. It has been twelve years since the enactment of SARFAESI Act, paving the way for setting up of Asset Reconstruction Companies. At the time of enactment of the act in 2002, it was envisaged that banks could be freed from handling sticky assets enabling faster recycling of capital. However, this is still a long away. Further, in view of limited resource base, ARC sector has played only marginal role in areas of maximum stress like the Infrastructure Sector. The asset quality issues in the banking system is not only affecting the profitability of banks, but also depressing the credit flow into the economy thereby adversely affecting the prospect of high growth in the economy.
In the last couple of years, Government of India and Reserve Bank of India have taken a series of initiatives to strengthen the effectiveness of the ARC sector. In this context, it is time for all the stakeholders of the Asset Reconstruction Sector chalk out a road map to revive the functional effectiveness of ARCs and facilitate its meaningful role play in the revival of the Indian Economy.
ASSOCHAM, with support of ARCs Association under leadership of Shri. Birendra Kumar, Chairman, Association of ARCs of India is organizing “ARCON-2015 Asset Reconstruction Companies Summit” with the theme  Unlocking Value in the economy to boost pro-active role for ARCs in resolving Stressed Assets of Banks.
We are pleased to inform you that Shri N. S. Vishwanathan, Executive Director, Reserve Bank of India has very kindly agreed to inaugurate the meet .
Also CRISIL is the Knowledge partner for this summit under leadership of Shri Somasekhar Vemuri, Senior Director CRISIL .

Key Area of Discussion
  • Challenges in NPA Sales- Valuation and Reserve Price
  • Legal Framework and Challenges
  • Pricing and NAV of SRs 
  • Maintaining high quality assets
  • Management of impaired assets
The summit would create a platform for brainstorming discussions around the issues which are important for managing stressed assets  with all key stakeholders to chalk out a feasible and effective agenda to build model framework and suggest measures that can be taken to strengthening the banking industry .

Speaking slot on Dias (Inaugural session and Technical session, branding of your organization and Corporate Collateral distribution to all participants in the meet.

Registration Fees: 

  • Non Members : Rs. 3000 per delegate  
  • Members: Rs 2500 per delegate  

Mr. Rajesh Singh, M: 09990702689, Email: rajesh.singh@assocham.com
Mr. Vikas Kumar Mishra, M: 07827257626, Email: vikas.mishra@assocham.com
Mr. Vivek Tiwari M: 08130849452, Email: vivek.tiwari@assocham.com