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 […]
– 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 […]
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 […]
– Qasim Saif | Manager | finserv@vinodkothari.com Systemic risk of NBFCs has been an issue for discussion, specifically in India as there have been some major NBFC failures, and the issue of inter-connectivity between NBFCs and the rest of the financial sector became clearly evident. The issue is not limited to India, an annual publication […]
– Vinod Kothari, Director (Vinod Kothari Consultants P. Ltd.) | finserv@vinodkothari.com The RBI, vide a so-called “clarification” dated February 15, 2022[1], relating to what itself was termed as a “clarification”, dated November 12, 2021[2], has effectively provided a reprieve to NBFCs for treating those assets as NPAs, which have historically had a default of 90 […]
– corplaw@vinodkothari.com MCA notification dated Feb 11, 2022 – https://www.mca.gov.in/bin/ebook/dms/getdocument?doc=MTE3OTE2OTE=&docCategory=Notifications&type=open Our resources on the topic: FAQs on CSR 2021 Amendments Knowledge Centre for Corporate Social Responsibility (CSR)
finserv@vinodkothari.com Related write-ups: CBDCs in India – A Leap of Faith? Untangling the Mystery of Virtual Digital Assets The Rise of Stablecoins amidst Instability Recent Trends in Crypto-Industry: India & Abroad
Aanchal Kaur Nagpal (Assistant Manager) | Parth Ved (Executive) finserv@vinodkothari.com Introduction The intent behind asset reconstruction is not merely concerned with realisation of bad loans but also ‘reconstruction’, that is, to try and resurrect bad loans or bad borrowers into good ones. This almost always leads us to one name i.e. Asset Reconstruction Companies (‘ARCs’). […]