"“NPA’s are cause of our national concern and it is indeed a great hindrance towards maintaining a healthy economy”. RSL notes and shares the common concern and contributes towards reducing the NPA’s with a judicious, humble & dedicated approach.
S.C.Dey

We are living in an era of specialization and outsourcing. All successful business houses including Banks are resorting to outsourcing various specialized skills towards maximizing their efficiency and in turn profitability.

Indian Debt Collection/Recovery scenario has changed rapidly. The Commercial Banks and Financial Institutions have also geared up on a par with the existing Insistent & Dedicated Recovery attitude of the hardcore NBFCs and leading Foreign Banks, operating in India. in India.

The preamble of SARFAESI Act, 2002 has also helped in recovery process/ Enforcement of Security Interest for the Banks, Housing Finance Companies & newly restructured Regional Rural Banks to some extent bypassing slow and not so effective DRT process.

 
ALLAHABAD BANK, UNITED BANK OF INDIA, STATE BANK OF INDIA , BANK OF BARODA, HUDCO NIWAS, UCO BANK, PASCHIMBANGA GRAMIN BANK, AXIS BANK, ARCIL, STATE BANK OF MYSORE, ORIENTAL BANK OF COMMERCE, ICICI BANK Ltd., WEST BENGAL CO OPERATIVE BANK LTD & TRIPURA GRAMIN BANK

The formation of Asset Reconstruction Companies (ARC) has also brought revolution in the Asset Reconstruction and Enforcement of Security Interest areas helping holistic implementation of the SARFAESI Act, 2002. This is primarily going to add extra mileage towards resolution of NPA burden of our principals (Secured Creditors) and rephrasing the Economical growth of India eventually.

It is in this backdrop and as there are very few specialized/organized services available in the area of Enforcement of Security Interest / Collection & Recovery/Repossession Disposal of Security Assets taken under possession, we have decided to offer our expertise to the Commercial Banks, Financial Institutions, Housing Finance Companies NBFCs and Asset Reconstruction Companies as Service Providers /Attorneys under one roof.

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