36062-012: Developing the Enabling Environment for and Structuring Asset Reconstruction Companies in India
Project Data Sheet (PDS): Overview
India is considering introducing Asset Reconstruction Companies (ARCs) to facilitate the resolution of nonperforming assets of weak banking institutions in India. ADB assistance is being sought for addressing the tax aspects, concerning among others, the treatment of capital gains and sales taxes, the incentive framework, implementing structure and process that would make the ARC operate effectively in the Indian environment , and regulatory framework for ARCs based on best practices and ... Read More
|Type or Modality of Assistance||
|Financing||Public sector (Sovereign)|
TA No. 3943
|Approval Date||22 Oct 2002|
|Geographical Location||New Delhi & Mumbai, India|
|Subsector||Money and Capital Markets|
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