Entries by Staff

Global Securitisation Markets in 2021: A Robust Year for Structured Finance

-Subhojit Shome, Executive | finserv@vinodkothari.com Overview The structured finance space exhibited robust growth during 2021, as the world entered the COVID-19 endemic period. This growth was largely driven by supportive regulatory and policy initiatives aimed at overcoming the negative economic effects of the pandemic, the emergence of green finance initiatives and a general rise in […]

Getting ready to implement BRSR from FY 2022-23 (Part-II)

Having dealt with the detailed actionable required under each of the NGRBC principles, in our article Getting ready to implement BRSR from FY 2022-23 (Part-I), in this article, we aim at guiding the management at “how” the reporting entity needs to prepare itself for the successful BRSR implementation. While a company prepares itself for principle-wise […]

Getting ready to implement BRSR from FY 2022-23 (Part-I)

Business Responsibility & Sustainability Reporting (‘BRSR’), which was voluntary as a part of the regulatory provisions for the top 1000 listed entities (by market capitalization) for FY 2021 – 22, is now all set to become mandatory from FY 2022–23 onwards. BRSR is intended to serve as a single focal point for all non-financial disclosures […]

Financial Services firms foray into the metaverse

Beyond Social Media & Gaming – Subhojit Shome, Executive | finserv@vinodkothari.com Introduction The ‘Metaverse’ has become the latest favourite buzzword on Wall Street with players from Big Tech, Gaming, Entertainment and the FMCG Industries touting it as the best thing to happen since sliced bread. It is now the turn of the Banking and Financial […]

Accounting and Tax considerations in Going Concern Sale in Liquidation

By Devika Agrawal, Executive, Vinod Kothari and Company devika@vinokothari.com Background The preamble to the Insolvency and Bankruptcy Code, 2016 (‘Code’) enlists value maximisation as one of its key objectives. In line with the said objective, the Code included ‘Going Concern Sale’ (‘GCS’) of the corporate debtor or the business of the corporate debtor in liquidation, […]

15th Securitisation School

Register your interests today! – https://forms.gle/iXbCWFJDAkQ3HJuW7 We are also organising the 10th edition of the Securitisation Summit, an annual coming together of stakeholders in structured finance industry in India. The event will be held in physical as well as virtual mode on 27th May, 2022. Read more: https://vinodkothari.com/secsummit/ Further, we are also organising a Pre-Summit […]

Guide to Hedge Accounting under Ind AS 109/IFRS 9

– Qasim Saif | Manager | finserv@vinodkothari.com Accounting of Hedge Entities are exposed to financial risks arising from many aspects of their business. The nature of the risks varies with the nature of the business activities carried on by the business entities, for example, some entities might be concerned about exchange rates or interest rates, while […]

Presentation on harmonisation of NPA recognition

Harmonisation of NPA recognition: 15th Feb. 22 clarification, to the 12th Nov. 21 clarification Our analysis on the Feb. 15 clarification is available here: https://vinodkothari.com/2022/02/nbfc-npa-characterisation-a-reprieve-a-day-too-late/ Our write-up on RBI’s Clarifications on the NPA SMA Recognition: https://vinodkothari.com/2021/11/npa-classification-norms-2/ Our discussions on the topic are also available on Youtube: Feb. 17, 2022: Interactive Discussion meeting: NPA recognition for trailing borrower […]