Indian Securitisation Awards, 2026
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Author Archive for: Staff
Entries by Staff
Not Registration but Caution: What Tamil Nadu Coercive Actions Law Means for NBFCs
Subhojit Shome & Simrat Singh | Finserv@vinodkothari.com Two notifications issued under the Tamil Nadu Money Lending Entities (Prevention of Coercive Actions) Act, 2025 are in the news, as they lay down the registration framework for money-lending entities operating in Tamil Nadu. We have already clarified in our earlier write-up that the TN Act does not […]
Call for papers – Wadia Ghandy Awards for Structured Finance Research
Last date of application: April 12, 2026
Adopting 1600-Number Series- Preventive Measure or Burden?
Introduction The Telecom Regulatory Authority of India (TRAI) has mandated the use of the 1600-series numbering for service and transactional voice calls by entities regulated by RBI (including NBFCs), SEBI, and PFRDA, to curb financial frauds through mis-selling and unauthorised communications. The Reserve Bank of India has aligned with this via a notification dated January […]
RPTs: Do extreme comparables distort arm’s length?
– Saloni Khant, Executive | corplaw@vinodkothari.com The relevance of “arm’s length assessment” in any related party transaction is non-negotiable. Arm’s length is a consideration that runs across all corporate transactions, including those with unrelated parties. However, where the party itself is at arm’s length, that is, unrelated, the question of the transaction terms being other […]
Japanese Capital Takes Flight in Indian Skies: India’s First JOLCO Leasing Deal
Simrat Singh | Finserv@vinodkothari.com IndiGo has reportedly entered into a transaction to lease two aircraft through a Japanese Operating Lease with Call Option (JOLCO) structure, marking the first instance of an Indian airline accessing Japanese equity-backed aircraft financing. The structure involves Japanese investors and banks funding the acquisition of the aircraft through a leasing special […]
Treatment of Counterparty Credit Risk – RBI Revises Directions for Banks
Subhojit Shome | Finserv@vinodkothari.com The RBI on March 10, 2026 introduced the Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026 (“Amendment”). The Amendment mainly aims to: The notable items included in the Amendment are as follows: CCR must be calculated on a consolidated basis A commercial bank […]
Open but Guarded Gates: Relaxations for Border-Country Investments
Vinita Nair, Joint Managing Partner and Ankit Singh Mehar, Assistant Manager | corplaw@vinodkothari.com Updated on May 4, 2026 A 15th March 2026 Press Note from Department for Promotion of Industry and Internal Trade (DPIIT) implements the cabinet decision to align investments from land-border countries (LBCs) with “beneficial owner” definition of PMLA. Accordingly, where investments come […]
Navigation Roadmap through New Consolidated RBI Directions – Presentation for NBFCs
Some of our recent write up and videos on Master Directions and amendments/ draft proposals:
RBI clarifications on computation of Tier 1 capital
– Siddharth Pandey, Assistant Manager | finserv@vinodkothari.com Over time, RBI has received multiple representations from NBFCs seeking a review of the provisions and clarity on certain aspects for the computation of Owned Funds and Tier I capital. In response, RBI has reviewed the relevant directions and guidelines and has now proposed a set of clarifications […]
