36062-012: Developing the Enabling Environment for and Structuring Asset Reconstruction Companies in India

Project Data Sheet (PDS): Overview


Description

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)
Status
Approval Number TA No. 3943
Approval Date 22 Oct 2002
Geographical Location New Delhi & Mumbai, India
Sector Finance
Subsector Money and Capital Markets

 

 

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