Acme Resources

Acme Resources Limited is an Indian Non-Banking Financial Institution, incorporated in 1985, that provides loans and advances without accepting public deposits. The company's CSR initiative aims to provide better education and vocational training to economically and socially challenged people, particularly women and the differently-abled. It has established its presence in the financial sector by targeting borrower segments that are relatively un-banked, using its specialized knowledge. The company focuses on providing both short-term and long-term loans and advances to its borrowers as a primary business activity. Operationally, the company and its subsidiaries are focused on preserving capital, protecting the balance sheet, and managing operating expenses and liquidity conservatively. The company has filed legal actions against five customers to recover loans and advances amounting to ?11.47 crores.;