Overview of RBI (Project Finance) Directions, 2025
Link to the YouTube video – https://www.youtube.com/watch?v=uCbe66Amk9w Our article on the RBI (Project Finance) Directions, 2025
Author Archive for: Staff
Entries by Staff
An Overview of GST Implications on Lease Transactions
Yuttika Dalmia | finserv@vinodkothari.com Introduction Is Lease covered under GST? Classification of Lease under GST: Supply of Goods or Services? Application of Goods-Equivalent GST Rates on Leasing Services Leasing under GST as Mixed and Composite Supply Should CGST +SGST or IGST be charged on the supply ? Point of Taxation Input Tax Credit Input Service […]
Paradox of privacy
Whether private NBFCs-ML are required to appoint IDs? – Neha Malu, Associate | finserv@vinodkothari.com Independent directors have long been regarded as critical instruments of corporate governance. They bring fresh perspectives, specialized knowledge and most importantly, an element of unbiased oversight to board deliberations. Think of them as neutral referees who ensure fair play in business […]
More Than Enough: Overcollateralisation as credit enhancement in Securitisations
Vinod Kothari, Dayita Kanodia and Archisman Bhattacharjee | finserv@vinodkothari.com Overcollateralisation (OC) is a widely employed credit enhancement technique in securitisation transactions, serving as a layer of protection for investors. In essence, it refers to a situation where the value of the underlying asset pool exceeds the amount of the liabilities, that is, the securities issued. […]
Mind the Gap: Plugging Risk Blind Spots with ICAAP for NBFCs
-Chirag Agarwal (finserv@vinodkothari.com) In our previous article, we discussed the expectations of the regulator along with a probable approach for NBFCs towards ICAAP. Notably, while ICAAP is applicable to banks as well as NBFCs (middle and upper layer), our present write-up focuses on ICAAP in the context of NBFCs. The inclusion of ICAAP for NBFCs […]
Webinar on Revised Industry Standards Note for RPT disclosures
Register here: https://forms.gle/Ymzo9Zxv92JNTowW6 Related Party Transactions- Resource Centre 12 hours Certificate Course on Nuts and Bolts of Related Party Transactions Tailored to Fit Practically: Disclosure for RPTs under Revised Industry Standards FAQs on Standards for minimum information to be disclosed for RPT approval
Should you expect adjustment in profits for “Expected Credit Loss”?
– Customised profits for CSR and managerial remuneration under Section 198 of the CA, 2013 – Pammy Jaiswal and Sourish Kundu | corplaw@vinodkothari.com Background The presentation of the profit and loss account has been outlined under the Schedule III of the Companies Act, 2013 (‘Act’) and the profit computation method has been provided for under […]
FAQs on Standards for minimum information to be disclosed for RPT approval
Register for our Certificate Course on RPTs, see details here – https://vinodkothari.com/2025/08/12-hours-certificate-course-on-nuts-and-bolts-of-related-party-transactions/ Our brief note on the Industry Standards can be read here. Our other resources on RPTs can be accessed here.
New Tamil Nadu Law on Coercive Recovery – Alarm bells for NBFCs?
Aditya Iyer | Manager, Legal | finserv@vinodkothari.com At a glance On June 09, 2025, the Tamil Nadu Money Lending Entities (Prevention of Coercive Actions) Act, 2025 was notified (hereafter referred to as ‘Act’). The Act aims to protect vulnerable groups from the coercive recovery practices perpetrated by microfinance institutions, money-lending agencies, and organisations operating in […]