Assets should ideally be churned within five yrs: Arcil's Pallav Mohapatra

In a Q&A, the MD & CEO of the firm dwells on its business model and the focus on retail assets to drive volume, going forward

The current financial year was a good one for Asset Reconstruction Company (India) Limited, or Arcil, in terms of acquisitions and recoveries. Speaking to Manojit Saha & Subrata Panda in an interview, Pallav Mohapatra, MD & CEO of Arcil, dwells on the firm's business model and the focus on retail assets to drive volume, going forward. Edited excerpts:

How has the financial year been for Arcil?

A good business model for asset reconstruction companies (ARCs) on a long-term sustainable basis, is “acquire and recover”. When you follow this model, you makes money on both, the acquisition and redemption. So the