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

Country India
Project Number 36062-012
Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Approval Number TA No. 3943
Approval Date 22 Oct 2002
Geographical Location New Delhi & Mumbai, India
Sector Finance
Subsector Money and Capital Markets


Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

View the latest procurement notices for Goods, Works and Related Services, or Consulting Services.