ECL Framework for Banks: Key Highlights
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.
Author Archive for: Staff
Entries by Staff
A[U]n Expected Injury: ECL is here, likely to hurt bank profits and retained earnings in FY28
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. […]
Dividends Denied: Why InvIT SPV CashFlows Don’t Flow Up
Simrat Singh | Finserv@vinodkothari.com REITs and InvITs are often discussed together as parallel innovations in India’s capital markets, reflecting a push towards deploying capital in real estate and infrastructure. Both frameworks were introduced in 2014, share a trust-based structure and are subject to broadly similar regulatory principles, including mandatory cash distribution requirements and both also […]
RBI’s Draft PPI Norms: Stricter Cash Rules, Simplified Categories, No Cross Border Payments and More
Simrat Singh and Jeel Ranavat | Finserv@vinodkothari.com The RBI has proposed an overhaul of the existing prepaid payment instruments (PPI) framework through its draft Master Direction, 2026. The changes aim to, inter-alia, simplify classification, tighten cash usage, restrict cross border payments etc. In this note, we discuss some of the key proposals of the draft […]
Workshop on Financial Sector Entities: RBI Related Party Lending Restrictions and Related Party Transactions under Listing Regulations /Companies Act
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Self-paced Certificate Course on Insider Trading for Compliance Officers
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MCA Proposes Simplified Incorporation Rules
– Jayesh Rudra, Executive | corplaw@vinodkothari.com MCA, with the objective of simplifying the incorporation process and enhancing ease of doing business, has issued a public notice dated April 08, 2026, proposing amendments to the Companies (Incorporation) Rules 2014 (“Incorporation Rules”), and inviting public comments on the same. The proposed amendments, inter alia, aim to rationalise […]
RBI Proposes TReDS Overhaul in Draft 2026 Directions
Introduces Credit Guarantee, Mandatory CERSAI Registration among other changes. RBI has released draft Reserve Bank of India (Trade Receivables Discounting System) Directions, 2026, proposing a comprehensive overhaul of the existing TReDS framework. These draft directions, if notfied, will replace all existing directions and circulars on TReDs. Below are the 5 key changes proposed: 🔹Introduction of […]
Delegation of powers by Board made prescriptive yet principle based
Governance Directions of Banks set to be amended effective September 1, 2026 – Vinita Nair and Saloni Khant | finserv@vinodkothari.com RBI continues its drive of regulatory reforms for the banking sector, with the recent one being the amendment proposed in the governance directions applicable to commercial banks i.e. Draft Reserve Bank of India (Commercial Banks […]