About the company
Asset Care & Reconstruction Enterprise Limited (ACRE) is an Indian asset reconstruction company that specializes in the acquisition and resolution of non-performing assets from banks and financial institutions. The company operates within India’s financial services sector, focusing on stressed asset management and debt recovery. As an asset reconstruction company, ACRE works with lenders to acquire distressed loans and implements resolution strategies to recover value from these assets. The company functions under the regulatory framework established by the Reserve Bank of India for asset reconstruction companies in India. ACRE’s core business involves purchasing non-performing loans from banks, managing the recovery process, and working toward the resolution of stressed assets through various mechanisms available under Indian insolvency and recovery laws.