-By Vinod Kothari (vinod@vinodkothari.com) Securitisation is all about bankruptcy remoteness, and the common saying about bankruptcy remoteness is that it works as long as the entities are not in bankruptcy! The fact that any major bankruptcy has put bankruptcy remoteness to challenge is known world-over. In fact, the Global Financial Crisis itself put several never-before […]
A Business Conclave on “Partial Credit Guarantee Scheme” was organised by Indian Securitisation Foundation jointly with Edelweiss on September 16,2019 in Mumbai. On this occasion, the presentation used by Mr. Vinod Kothari is being given here: http://vinodkothari.com/wp-content/uploads/2019/09/partial-credit-enhancement-scheme-.pdf We have authored few articles on the topic that one might want to give a read. The links to […]
[Updated as on 16th August, 2019] By Financial Services Division, finserv@vinodkothari.com The Finance Minister, during the Union Budget 2019-20, proposed to introduce a partial credit guarantee scheme so as to extend relief to NBFCs during the on-going liquidity crisis. The proposal laid down in the budget was a very broad statement. On 13th August, 2019[1], the Ministry […]
By Abhirup Ghosh , (abhirup@vinodkothari.com)(finserv@vinodkothari.com) Ever since the liquidity crisis crept in the financial sector, securitisation and direct assignment transactions have become the main stay fund raising methods for the financial sector entities. This is mainly because of the growing reluctance of the banks in taking direct exposure on the NBFCs, especially after the episodes […]
-By Vinod Kothari (vinod@vinodkothari.com) Securitisation is all about bankruptcy remoteness, and the common saying about bankruptcy remoteness is that it works as long as the entities are not in bankruptcy! The fact that any major bankruptcy has put bankruptcy remoteness to challenge is known world-over. In fact, the Global Financial Crisis itself put several never-before […]
A Business Conclave on “Partial Credit Guarantee Scheme” was organised by Indian Securitisation Foundation jointly with Edelweiss on September 16,2019 in Mumbai. On this occasion, the presentation used by Mr. Vinod Kothari is being given here: http://vinodkothari.com/wp-content/uploads/2019/09/partial-credit-enhancement-scheme-.pdf We have authored few articles on the topic that one might want to give a read. The links to […]
