– Anita Baid, Senior Vice President | anita@vinodkothari.com The recent press reports highlighting the RBI’s focus or nudge towards NBFCs regarding their lending practices, particularly those that raise concerns about evergreening of loans, demand a comprehensive analysis. Extending further credit to a borrower already facing financial distress can be similar to the cautionary tale of an […]
– Saloni Khant, Executive | corplaw@vinodkothari.com Real estate developers often raise funds by offering flats under buy-back or assured return schemes, sometimes with a mandatory repurchase clause, or sometimes at the builder’s discretion. On the other hand, there may be people who genuinely want to acquire a home and live in it. In the former […]
By Aditya Iyer ( reachable at – adityaiyer20@gmail.com). Aditya, a former colleague, wrote this piece for the Financial Services Division (finserv@vinodkothari.com) The new Bihar MFI Bill appears to have triggered first reactions, which, looking at stock prices of some of the players, are quite adverse. However, for regulated entities, it is important to chart out […]
Some of our other write-ups on the recent Master Directions and amendments/ draft proposals:
Refer to our article here
Vinod Kothari and Dayita Kanodia | Finserv@vinodkothari.com Introduction Known by various alternative names as “synthetic risk transfers”, “credit risk transfers”, “on balance sheet securitisation” or “synthetic securitisation”, Significant Risk Transfers (SRT) have a history of over 25 years but have recently grown faster than other components of either traditional securitisation or credit derivatives. The pool […]
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