Prudent ARC Limited headquarter at Delhi, India, is an Asset Reconstruction Company (ARC) registered with Reserve Bank of India (RBI).
The main promoter and Managing Director of the Company is Mr. Pradeep Goel, who is third generation industrialist and entrepreneur and now heading in ARC, has combined experience of 36 years in various industries, such as Iron & Steel, energy, real estate etc. and Financial Institutions. He is well-versed with domestic and international scenario.
The Company has a highly experienced Independent Board of Directors, who are guidingthe company on its way forward and affective Prudent governance. Resultant, Prudent ARC Limited has earned a credible reputation with regulators, bankers, financial institutions and professionals in the industry. The company is also well-known for its active involvement in acquisition and resolution of Non-Performing Loans while strictly adhering to ethical business practices.
The strength that PARC holds, which may also be termed as edge making PARC different from manyother ARCs is that the key managing personnel have vast industrial and entrepreneurship experience and atthe same time combined with financial experience, understanding of businesses and its finances istremendous. PARC is of firm opinion that infusing money in any stress account is never the only solutionfor its revival. Our strength lies in going in the depth of the reasons of account becoming sick, which couldbe legal issues, basic management and working, viability of the product, technology and design, skills and Operations and so on.