Agenda – 9th Securitisation Summit | November 18, 2021 | Hotel Four Seasons, Mumbai

Profile of speakers can be viewed herehttps://vinodkothari.com/2021/11/profile-of-speakers-9th-securitisation-summit-november-18-2021-hotel-four-seasons-mumbai/

Summit home page can be viewed here: https://vinodkothari.com/secsummit/

NPA classification norms significantly tightened

Daily NPA determination, full payment to move back to standard among several measures

– Anita Baid, anita@vinodkothari.com

RBI has issued a notification on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Clarifications (‘RBI Circular’). The said RBI Circular dated November 12, 2021 is depicted to be a clarification issued by the RBI on the applicable prudential norms for all lending institutions. However, the same would have a major impact on the NPA classification by banks and NBFCs, specifically. The intention of the RBI is to clarify and harmonise certain aspects of the extant regulatory guidelines, making it applicable mutatis mutandis to all lending institutions Read more

SEBI widens the sweep of related party provisions drastically

Presentation on Amended SEBI Framework on Related Party Transactions: https://vinodkothari.com/2021/11/presentation-on-amended-sebi-framework-on-related-party-transactions/

Article explaining the amendments in RPT framework with action points: http://vinodkothari.com/2021/11/sebi-notifies-stricter-norms-for-rpts/

Snapshot of SEBI LODR 6th Amendment Regulations 2021: https://vinodkothari.com/2021/11/snapshot-of-sebi-lodr-6th-amendment-regulations-2021/

Read our other articles on the subject: https://vinodkothari.com/article-corner-on-related-party-transactions/

Other Corporate Law articles: http://vinodkothari.com/corporate-laws/

Understanding the budding concept of green securitization

  • Awaiting standardization and widespread adoption

– Payal Agarwal, Senior Executive ( payal@vinodkothari.com) Amidst the upward trends in green financing and developing complex securitization structures, the evolution of green securitization comes naturally and inevitably. While the concept may not be very familiar in the country at present, in view of the increasing attention on the need of sustainability and demands for sustainable financing, both from the corporates and the investors, green securitization is likely to witness a successful market in India. In this article, we try to develop an idea on green securitization with its present position throughout the world and the potential future of green securitization. Read more

Snapshot of SEBI (LODR) (6th Amendment) Regulations, 2021

Presentation on Amended SEBI Framework on Related Party Transactions – https://vinodkothari.com/2021/11/presentation-on-amended-sebi-framework-on-related-party-transactions/

Detailed analysis of the amendments in RPT framework pursuant to SEBI LODR (6th Amendment) Regulations, 2021: https://vinodkothari.com/2021/11/sebi-widens-the-sweep-of-related-party-provisions-drastically/

Article explaining the amendments in RPT framework with action points: http://vinodkothari.com/2021/11/sebi-notifies-stricter-norms-for-rpts/

Read our other articles on the subject at https://vinodkothari.com/article-corner-on-related-party-transactions/

Other Corporate Law articles: http://vinodkothari.com/corporate-laws/

SEBI notifies stricter norms for RPTs

Presentation on Amended SEBI Framework on Related Party Transactions: https://vinodkothari.com/2021/11/presentation-on-amended-sebi-framework-on-related-party-transactions/

Detailed analysis of the amendments in RPT framework pursuant to SEBI LODR (6th Amendment) Regulations, 2021: https://vinodkothari.com/2021/11/sebi-widens-the-sweep-of-related-party-provisions-drastically/

Snapshot of SEBI LODR 6th Amendment Regulations 2021: https://vinodkothari.com/2021/11/snapshot-of-sebi-lodr-6th-amendment-regulations-2021/

Read our other articles on the subject: https://vinodkothari.com/article-corner-on-related-party-transactions/

Other Corporate Law articles: http://vinodkothari.com/corporate-laws/

Financing electric mobility: Evaluating BaaS structures

  • Qasim Saif | finserv@vinodkothari.com

The penetration of EVs in Indian vehicle market have gone up from 0.01% to 1.66% from FY 15 to September, 2021[1]. However, the growth of EVs faces several resistances in form of high upfront cost, the lack of public charging infrastructure, and travel range. In order to catapult the growth of EVs in India, there is need to increase infrastructural support to the industry in the form of charging stations, battery units etc.

The dire need of financing is felt in the entire supply chain of EVs beginning from the speciality chemicals used in batteries to the finished vehicle purchased by the end user. Read more

Summary of subsidy scheme for EVs in India

Qasim Saif I finserv@vinodkothari.com

The penetration of EVs in Indian vehicle market have gone up from 0.01% to 1.66% from FY 15 to September, 2021[1]. This shows a clear increase in penetration of the EVs in the Indian vehicle market. Though the growth of EVs faces a several resistances in form of high upfront costs, the paucity of public charging infrastructure, and travel range.  The policy support from the government can be of a major motivator for promotion of EVs in India.

Government policies have a significant role to play in India’s nascent EV industry, as they can lay down the ground work for future procurement of EVs, financial incentives to end consumers and OEMs, and funding for manufacturing and charging infrastructure development. The EV ecosystem in India has been shaped by policies at both the central and state level. The policy support can also provide a crucial support to the EV segment, as mentioned above, upfront cost to customer is a major factor limiting the growth of EV segment. Policy support can help bring down a portion of this cost, hence helping the industry. Several states have announced their EV policy providing for incentives to the EV industry as well the customer. Read more