Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Webinar on RBI discussion paper on Governance in Commercial Banks in India
Date: 22nd June, 2020 at 05:00 pm, India time. Will run for about 90 mins. Speaker: FCS Vinita Nair, Senior Partner, Vinod Kothari & Company Background: Effective Corporate Governance practices at banks plays a significant role in the banking sector and the economy as a whole. The banking industry in India witnessed governance failures in […]
HFC Regulations Harmonised with NBFC Regime
-Anita Baid (anita@vinodkothari.com) Introduction In 2019, pursuant to the amendments proposed by the Finance Act, 2019, it was proposed to shift the regulations of Housing Finance Companies (HFCs) from National Housing Bank (NH) to the Reserve Bank of India (RBI). Further, the RBI had in its press release[1] stated that HFCs will be treated as […]
IBC and related reforms: Where do MSMEs Stand?
The MSME industry, colloquially referred to as the power engine of the economy has been a focal point of several reforms over the years. The recent reforms w.r.t. MSMEs and the Insolvency and Bankruptcy Code, 2016 (“Code’) has altered the stance of MSMEs, both as creditors and debtors. In this article, we shall discuss some significant […]
Bringing pre-packs to India: a discussion on the way forward
“Pre-packs”, though yet to be born, have raised the expectations high. Reasons are obvious – the package is supposed to offer a lucrative combination of all the benefits of a ‘reorganisation/resolution plan’ as otherwise available only under formal insolvency proceedings with the added benefit of ‘speed’. Pre-pack framework, as studies show, is not always contained […]
Covered bonds and the COVID disruption
-Vinod Kothari finserv@vinodkothari.com Last year, the European Covered Bonds Council celebrated 250th anniversary of covered bonds[1]. That year also marked a substantial increase in global volumes of covered bonds issuance, which had been flat for the past few years. However, no one, joining the 250 years’ celebration, would have the COVID disruption in mind With […]