Entries by Team Finserv

The sale of season: Holding period requirements for assignments and securitisation

– Team Finserv | finserv@vinodkothari.com Any sale or assignment or transfer, including securitisation, of loans is subject to a minimum seasoning with the originator. Under the extant regulatory provisions, such requirement is referred to as ‘Minimum Holding Period’ (MHP), which means the minimum period for which the originator should have held the loan exposures before […]

RBI amends TLE Directions

– Team Finserv | finserv@vinodkothari.com The Reserve Bank of India (RBI) made certain amendments to the Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 (‘TLE Directions’) on December 05, 2022. The long-awaited welcome move of allowing ARCs to acquire loans falling in 1-60 DPD as well is being well appreciated. […]

Full Day Workshop on Partnering in lending:

Loan sourcing, co-lending, transfer of loans, securitisation Register here: https://forms.gle/Nq13Qf58uH3qge9D7 Venue: The Chancery Hotel, 10/6, Lavelle Road, Shanthala Nagar, Ashok Nagar, Bengaluru 560001 (location) Our upcoming workshops: https://vinodkothari.com/workshop-training/ Our resources: Financial Services- https://vinodkothari.com/category/financial-services Digital Lending- https://vinodkothari.com/?s=digital+lending

Recent changes in the regulatory framework for the long-term bond market

– Team Finserv | finserv@vinodkothari.com Table of contents Issuer related Investor related 1.1. Amendments to the mechanism and limits for issuance of debt securities on the Electronic Book Platform (‘EBP’) 2.1. Insurance companies as investors 1.2. Capping of ISINs 2.1.1. Permitting investment in Additional Tier-1 (AT-1) bonds of bank 1.3. Reduction in the denomination for debt securities 2.1.2. Increasing investments in […]

Stressed for reform: RBI proposes stressed assets securitisation and loss provisioning

– Team Finserv (finserv@vinodkothari.com) Rating agency Standard and Poor’s recently noted that at least 60 percent of the world’s economies are either into recession already or heading towards the same. The same report notes that 29 of the 33 countries covered by the study have disorderly inflation above the targets set by the respective central […]