Over the years, the Securitisation Summit organised by Indian Securitisation Foundation and Vinod Kothari Consultants has become the most noted event of the structured finance industry in the region. Not only do we provide an excellent platform for networking and collective thinking on topical issues, we pick up points for advocacy, policy making and furtherance of interest of the industry, and then act on the same.
Indian securitisation market which has long been driven by priority sector lending now seems to be emerging with new asset classes, new investors, and of course, new motivations for both issuers and investors. It is apparent that the market is searching for new economic drivers.
Given the excellent response and feedback received in the past 7 editions of our annual Securitisation Summit, we are having our 8th Securitisation Summit on Friday, 10 May 2019 in Mumbai.
We have also announced the 3rd edition of the Indian Securitisation Awards.
[Draft] Agenda
Session 1: The Year in Retrospect
- 2019 – What a year! Was direct assignment/ securitisation the existential choice in 2019?
- The NBFC liquidity (and solvency?) strain and the direct assignment window – will direct assignments provide bankruptcy-remoteness to banks.
- What was the flavour of the season globally?
- Moving out of the PSL barrier – is the market finally searching its right economic motivator, or does it still remain PSL – dominated?
- Securitisation for small players –minimum deal sizes coming down to enable small originators
Session 2: Traditional and innovative asset classes and structures
- Traditional asset classes
- Is the market ready to lap up new, non-PSL transactions?
- Credit enhancers and first/mezzanine loss providers have come up – is the market ready to look at third party enhancements?
- Green securitisation – are the prospects looking good
- Market innovation – are we seeing new asset classes, new structures, new investors and new issuers?
- Traditional vs alternative asset classes – what is the way forward?
- Stamp duty issues and other legal snags for issuance of RMBS in India. Direct assignments vs Co-origination structures – the road ahead?
Session 3: Off balance sheet, gain-on-sale and capital relief
- With IFRS sinking in, the market seems to be comfortable with no off-balance sheet for PTCs. Is that the universal approach?
- Gain on sale booking in case of direct assignments – is it distorting the quality of reporting?
- With no off-balance-sheet, is capital relief still the same?
- The need for revamping RBI guidelines – the major areas where re-thinking is required
- Issues currently being faced by FPIs and mutual funds while investing in PTCs and recommend changes for opening the market for FPI investments in the industry
Session 4: Investor diversity
- Are mutual funds still the major investors in the emerging regime? Concerns and conviction for asset managers
- The entry of HNI investors – is there a sizeable interest?
- Banks as investors – moving beyond PSL assets
- The interest of insurance and employee benefit fund investors
We warmly invite you to participate in this significant event. For registration and details, please contact as per contacts below.
Details of our past year’s summit CLICK HERE
Alternatively, you can drop us a mail at summit@vinodkothari.com/ events@vinodkothari.com/ fintr
We look forward to hearing from you soon. Thank you!
For further details of the event, please write to us at events@vinodkothari.com/ secsummit@vinodkothari.com/ fintrain@vinodkothari.com or get in touch with any of the following:
Abhirup Ghosh — abhirup@vinodkothari.com; +91 98745 77342
Swapnill Sharma — swapnill@vinodkothari.com; +91 70454 02315
Burhanuddin Dohadwala — burhan@vinodothari.com; +91 77382 90552
Manoj Kumar Tiwari — manoj@vinodkothari.com; +91 98207 32350
| The Summit shall also witness the third edition of the Indian Securitisation Awards. The Awards will be presented by the Indian Securitisation Foundation to acknowledge the contributions of originators, arrangers, law firms and trustees who are working to take the securitisation industry to new heights. Please note that we are currently inviting nominations for the various categories of awards, if you think that your organisation can fit into any of the categories, then please feel free to send your entry within 3rd May, 2019. Click here to view the brochure. |
Click here to view the details of our Past Summits.
Click here to view the Post Summit Report.
Presentations by:
Glimpses from the Summit can be viewed here.
Advisory Panel
Mr. R V Verma, Former CMD, National Housing Bank (NHB)
Mr. Sunil Srivastava, Former Dy. Managing Director, State Bank Of India
Confirmed Speakers
Mr. Kailash Baheti, CFO at Magma Fincorp Ltd.
Mr. Shrenik Baid, Partner , Deloitte Haskins & Sells LLP
Mr. Vibhor Mittal , Group Head – Structured Finance, ICRA
Ms.Remika Agarwal, Director & Head – Structuring, Northern Arc Capital
Mr. Sandeep Bhattacharya, India Project Manager, Climate Bond Initiative
Ms. Bekxy Kuriakose, Head- Fixed Income Principal, PNB Asset Management Co Ltd
Mr. Vaidya Nathan K, Asst. Professor in-residence, Finance, University of Connecticut
Mrs. Mona Bhide, Managing Partner, Dave & Girish & Co.
Mr. Nihas Basheer, Partner, Wadia Ghandy & Co
Mr. Sanjeev Sancheti, Chief Strategy Officer, SREI Infrastructure Finance Ltd.
Mr. Jatin Nanaware, Director, Structured Finance
Mr. Vineet Sukumar, Founder & Director, Vivriti Capital
Mr. Dwijendra Srivastava , Head Fixed Income – Sundaram MF
Ms. Divya Chandran, Associate Director, CRISIL Ratings
Mr. Ardhanarieswaran V K, Vice President, DBS Bank, Singapore
Mrs. Leena Chacko, Partner, Cyril Amarchand Mangaldas
Ms. Lakshmi Iyer, CIO, Fixed Income & Head, Products, Kotak Mahindra Asset Management Co.
Mr. Sanjay Kumar Agarwal , Senior Director , Care Ratings Limited
Mr. Vinod Kothari , Director , Vinod Kothari Consultants