About Reliance Asset Reconstruction
Reliance Asset Reconstruction Company is a premier asset reconstruction company, the principal sponsor / shareholder of which is the Reliance Group (through Reliance Capital Limited). The other sponsors / shareholders are Corporation Bank, Indian Bank, GIC of India, Dacecroft and Blue Ridge.
Reliance Asset Reconstruction Ltd. (RARC) is in the business of acquisition, management and resolution of distressed debt/assets. RARC has assets under management of Rs. 1,254 crore (US$ 193 million).