India SME Asset Reconstruction Company ltd (ISARC) was incorporated on 11th April 2008 by SIDBI, in association with leading Public Sector Banks as the country’s first Asset Reconstruction Company. It commenced business operations on 15th April 2009, with the principal objective to acquire non-performing assets (NPAs), primarily from MSMEs, and accelerate the restructuring of potentially viable units and liquidation of unviable units, so that productive use of the assets is maximized.

As of December 31, 2017, ISARC had assets under management (AUM) of INR 374 crore.

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