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Author Archive for: Staff
Entries by Staff
RBI Mandated ‘Staff-Trainings’ for NBFCs and HFCs
Team Finserv l finserv@vinodkothari.com
Share-hawkers of digital era: Legality of platforms offering unlisted shares
– SEBI cautions investors from transacting in securities of unlisted public companies on electronic platforms – Burhanuddin Kholiya (corplaw@vinodkothari.com) From rental rooms to cabs to domestic furniture, almost everything is made available using technological aggregators. But the moment one tries to sell securities on public platforms, the chances of potential investors being duped by dream […]
SEBI proposals to ease overheated SME IPO market
SEBI proposes amendments in ICDR and LODR Regulations owing to recent concerns around SME listing – Sakshi Patil, Executive and Sourish Kundu, Executive| corplaw@vinodkothari.com SME IPOs are constantly increasing at an evergrowing rate, with 31 companies listed on SME in FY 21-22 to a total of 138 companies listed in FY 23-24, and 117 companies […]
Omnibus use vs know-its-use: Is Supply Chain Financing a revolving line of credit?
Vinod Kothari and Dayita Kanodia | finserv@vinodkothari.com There have been recent concerns that the RBI is not happy with NBFCs extending revolving credit facilities; there are also some reports to suggest that the supervisor has shown opposition to supply chain funding. This write up delves into what could be the objections of the regulator in […]
RBEye: Red-eyed RBI wants lenders to revisit interest rate policies
-Vinod Kothari (vinod@vinodkothari.com) Against the backdrop the action against 4 specific lender, RBI now expects all NBFCs to appraise their boards of the action taken by the regulator, and in specific terms, have the interest rate policy examined with respect to, at least, the following, in “unambiguous terms”: Usually, it is believed that if a […]
SDD non-compliance to entail stringent action from exchanges
Lavanya Tandon, Executive | corplaw@vinodkothari.com Our related resources on the topic- a. FAQs on Structured Digital Database
Recent Updates to HFC Directions: What you need to know
-Chirag Agarwal | chirag@vinodkothari.com On October 10, 2024, RBI updated the Master Direction – Non-Banking Financial Company – Housing Finance (‘HFC Directions’) applicable to HFCs. The HFC Directions were updated to consolidate various circulars that have been issued since its last update on March 21, 2024. A significant change in this edition is the introduction […]