We are pleased to announce the launch of our e-book — Securitisation, Transfer and Distribution of Credit Risk- for Banks and NBFCs. This book, spanning over 900+ pages, provides a comprehensive analysis of the evolving regulatory and transactional landscape relating to credit risk transfer in India, with detailed commentary on:• RBI regulations on securitisation• Transfer […]
– Abhishek Kumar Namdev, Assistant Manager | corplaw@vinodkothari.com Introduction Open-market buyback through stock exchanges, earlier discontinued by SEBI in a phased manner based on a 2023 amendment (see an article here), is proposed to be brought back in the buy-back regime. SEBI has released two consultation papers, on April 02, 2026 and May, 08, 2026 […]
– Anita Baid, Dayita Kanodia & Chirag Agarwal | finserv@vinodkothari.com
-Anita Baid & Dayita Kanodia | finserv@vinodkothari.com RBI, on May 5, 2026, came out with the draft directions on Specified Non-financial Assets (SNFA). These directions have been introduced with the intent of specifying the treatment of non-financial and non-banking assets, particularly immovable property, acquired by the lender in satisfaction of their claims on the borrower. […]
Abhishek Kumar Namdev, Assistant Manager | corplaw@vinodkothari.com Background The basic intent of any company to bring out an ESOP Scheme is to incentivize its employees. Such incentives are basically in the nature of appreciation in the prices of shares. To explain this by way of an illustration, the following may be considered: Grant price/ Exercise […]
– Team Finserv | finserv@vinodkothari.com Existing companies may apply within 6 months of 1st July; new companies may avoid registration on satisfying Type 1 and asset size conditions The RBI’s relief to exempt pure investment companies from exemption from regulation, is now in final shape. We have earlier commented on the draft Amendment Directions. The […]
See our article A[U]n Expected Injury: ECL is here, likely to hurt bank profits and retained earnings in FY28 for an in-depth analysis.
Team Finserv | finserv@vinodkothari.com Additionally, upfront fair valuation may also deplete retained earnings The new ECL framework marks a major regulatory shift for India’s banking sector; it has been long overdue, and therefore, there was no case that the RBI could have deferred it further; pleadings to defer the implementation were rejected by the regulator. […]