https://www.taxtmi.com/news?id=17346 A proposal urges creation of a Public Sector Asset Rehabilitation Agency to centrally manage the largest, most difficult distressed corporate cases, coordinating multiple creditors, enabling politically difficult debt reductions and large write-downs, and restoring borrower and bank financial health where private Asset Reconstruction Companies have failed, with the aim of reducing systemic non-performing assets that impede credit, investment, and growth. en-us Tue, 31 Jan 2017 13:12:14 +0530 Tue, 31 Jan 2017 13:12:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17346 A proposal urges creation of a Public Sector Asset Rehabilitation Agency to centrally manage the largest, most difficult distressed corporate cases, coordinating multiple creditors, enabling politically difficult debt reductions and large write-downs, and restoring borrower and bank financial health where private Asset Reconstruction Companies have failed, with the aim of reducing systemic non-performing assets that impede credit, investment, and growth. News - Tue, 31 Jan 2017 13:12:14 +0530 https://www.taxtmi.com/news?id=17346