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ASREC (India)

2.3
based on 2 Reviews
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About ASREC (India)

Founded in2004 (21 yrs old)
India Employee Count51-200
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
Office Locations
Mumbai
Websiteasrecindia.co.in
Primary Industry
--
Other Industries
--
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ASREC (India) Limited is a Public Limited Company incorporated under the Companies Act 1956. It has been granted a certificate of registration by RBI on October 11, 2004, to operate under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002. The company acquires Non Performing Assets (NPAs) from Banks and Financial Institutions to maximize returns through innovative resolution strategies. ASREC positions itself as a multi lender ARC in the public sector, aiming to earn the confidence of the financial system in the effective resolution of NPAs. The company operates transparently with the flexibility of the private sector, focusing on speedy resolution and rehabilitation of NPAs through innovative strategies and effective implementation.
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ASREC (India) Ratings

based on 2 reviews

Overall Rating

2.2/5
How AmbitionBox ratings work?
5
1
4
0
3
0
2
0
1
1

Category Ratings

2.2

Company culture

2.2

Work-life balance

2.2

Skill development

2.2

Work satisfaction

1.9

Job security

1.9

Salary

1.9

Promotions

ASREC (India) is rated 2.2 out of 5 stars on AmbitionBox, based on 2 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Overall Rating
2.3/5
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Highly Rated for
No highly rated category
Work-life balance
Job security
Company culture
Work-life balance
Skill development
Company culture
No highly rated category
Critically Rated for
Salary
Job security
Promotions
Promotions
No critically rated category
Promotions
Skill development
Salary
Primary Work Policy
-
Work from office
100% employees reported
Work from office
76% employees reported
Work from office
86% employees reported
Rating by Women Employees
-
no rating available
4.1
Good
rated by 27 women
4.5
Good
rated by 41 women
3.8
Good
rated by 66 women
Rating by Men Employees
-
no rating available
4.2
Good
rated by 128 men
4.1
Good
rated by 165 men
3.6
Good
rated by 128 men
Job security
1.9
Bad
3.8
Good
3.8
Good
3.2
Average
View more

ASREC (India) Salaries

ASREC (India) salaries have received with an average score of 1.9 out of 5 by 2 employees.

Chief Manager

(3 salaries)
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₹5.5 L/yr - ₹6 L/yr

Senior Manager-HR

(3 salaries)
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₹9 L/yr - ₹11.5 L/yr

Assistant Vice President Operations

(3 salaries)
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₹10.8 L/yr - ₹11.7 L/yr

Chief Manager Legal

(2 salaries)
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₹6.8 L/yr - ₹8.7 L/yr

Executive Assistant

(2 salaries)
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₹2.5 L/yr - ₹3.2 L/yr

Chief Manager Operations

(2 salaries)
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₹7.5 L/yr - ₹9.5 L/yr

Strategy Consultant

(1 salaries)
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₹16.2 L/yr - ₹20.7 L/yr

Accounts & Finance Manager

(1 salaries)
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₹9.1 L/yr - ₹11.6 L/yr

Accountant

(1 salaries)
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₹3 L/yr - ₹3.8 L/yr

Legal Manager

(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr

ASREC (India) Jobs

Popular Designations ASREC (India) Hires for
Company Secretary
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Recovery Manager
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Front Desk Assistant
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ASREC (India) FAQs

When was ASREC (India) founded?
ASREC (India) was founded in 2004. The company has been operating for 21 years.
Where is the ASREC (India) headquarters located?
ASREC (India) is headquartered in Mumbai,Maharashtra and has an office in Mumbai
How many employees does ASREC (India) have in India?
ASREC (India) currently has approximately 100+ employees in India.
What are the cons of working in ASREC (India)?
Working at ASREC (India) does have some drawbacks that potential employees should consider. The company is poorly rated for salary & benefits, promotions / appraisal and job security, based on 2 employee reviews on AmbitionBox.
ASREC (India) Overview
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