Asset Reconstruction

JM Financial Asset Reconstruction Company Limited is a Securitisation and Reconstruction company, registered with the Reserve Bank of India (RBI), under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. We are engaged in the business of acquiring non-performing financial assets from banks / financial institutions and resolving them.
Our business forte comes from our professionally managed team, high capital base and tailor-made acquisition and resolution strategies; which have enabled us to become one of India’s leading asset reconstruction companies.
The team at JM Financial Asset Reconstruction Company believes in strong corporate governance, work ethics and transparency in all its dealings...   


JM Financial Asset Reconstruction Company applies a scientific approach for acquisition of assets. We offer flexible acquisition structures to selling banks and financial institutions, for their distressed assets across sectors and geographies. Our acquisition processes are governed by our Financial Asset Acquisition Policy, framed under the extant guidelines for Asset Reconstruction Companies (ARCs).

Though the thrust is on acquiring assets which possess locked potential for revival, we also acquire accounts which are non-operational, referred to the Board for Industrial and Financial Reconstruction (BIFR), failed restructuring cases, etc.

We believe in limited outsourcing, and therefore the major activities of acquisition, including pre-acquisition due diligence of distressed accounts, are undertaken by an efficient in-house team. A quality oriented approach to acquisition of assets is in place, and the process is systematically monitored by our proficient asset acquisition committee.

Leadership TEAM

Mr. V P Shetty
Non-Executive Chairman
Mr. V. P. Shetty is presently the Chairman of JM Financial Asset Reconstruction Company Limited, JM Financial Asset Management Limited and JM Financial Products Limited.
Mr. Srinivasan V
Executive Director
Mr. Srinivasan V is an Executive Director with JM Financial Asset Reconstruction Company Limited.
Chairman’s Message
JM Financial Asset Reconstruction Company’s philosophy is based on an effective, independent Board and the separation of the Board’s supervisory role from the management. We believe that our operations and actions must serve the underlying goal of enhancing overall stakeholders’ value. Our vision is to be the most trusted partner for every stakeholder, to demonstrate the highest level ...
V.P. Shetty
Non-Executive Chairman