Author Archive for: Staff
Entries by Staff
YouTube live: RBI Guidelines on Default Loss Guarantee
Anita Baid in conversation with Vinod Kothari Live on YouTube – 20th June, 2023 | 5:00 P.M. – https://www.youtube.com/@vinodkotharicompany3966/videos
SEBI prescribes thresholds for determining material events, stringent approval for sale of undertaking and more
– Sharon Pinto and Shreya Salampuria | corplaw@vinodkothari.com Keeping in view of the significance of the amendments, we are conducting a workshop on the same. Details can be accessed here – https://vinodkothari.com/2023/06/workshop-on-sebi-lodr-2nd-amendment-regulations-2023/ Also read our detailed article on – (i) Disclosure of material events under Reg 30 (ii) Insertion of new Reg. 37A
A comprehensive framework for compromise settlement and technical write offs
Dayita Kanodia | Executive finserv@vinodkothari.com The first bad bank loan was, no doubt, made around the time as the opening of the first bank. James Grant[1] Background RBI released the Framework for Compromise Settlements and Technical Write-offs[2] (Framework) on June 8 2023. This framework, issued exactly four years after the release of the Prudential Framework […]
Regulatory Framework for Base Layer NBFCs
-Team Finserv | finserv@vinodkothari.com
Digital lending Balloon: Navigating the path to growth
-Dayita Kanodia, Executive finserv@vinodkothari.com “Ignoring technological change in a financial system based upon technology is like a mouse starving to death because someone moved their cheese.” – Chris Skinner[1] Unprecedented growth of the sector From pawnbrokers lending money in exchange for collateral to the use of sophisticated technologies to carry out credit underwriting, the landscape […]
Shorn of tax benefit, MLDs now face tax deduction on payouts
Dayita Kanodia | Executive finserv@vinodkothari.com Background The Finance Bill, 2023[1], has quite nearly caused the demise of the so-called “Market-Linked Debentures” (MLDs)[2]. The changes made pursuant to the Finance Bill, 2023, took away what seemed to be a strong reason for popularity of MLDs, i.e., the tax arbitrage. Prior to the change, listed MLDs had […]
Financing transition from “brown” to “green”
SEBI prescribes additional requirements for transition bonds – Mahak Agarwal, Executive | corplaw@vinodkothari.com Need for transition finance As climate change and its impacts continue to remain one of the major concerns of any economy, transition finance is a step towards effectively transforming carbon emissions and combating climate change. ‘Transition Bonds’, as the word speaks for […]