Entries by Timothy Lopes

Securitisation: Indian market grows amidst global volume contraction

Timothy Lopes, Manager finserv@vinodkothari.com Global Securitisation Volumes, 2022 The global securitisation market in 2022[1] saw a decline in volumes as compared to record issuance volumes seen in the year 2021. The decline was mainly driven by 24% year-on-year decline in volumes in the United States, obviously because of inflation, general economic conditions and low level […]

Crowdfunding platforms – risks and concerns in the Indian context

Timothy Lopes, Manager finserv@vinodkothari.com Introduction Crowdfunding as a concept has been in the limelight for quite some time now. Globally there are several crowdfunding platforms that exist. These crowdfunding platforms essentially allow almost anybody to raise funds for any cause, ideas or business ventures. Interestingly, the first online crowdfunding platform was launched back in 2001[1]. […]

Financial Regulators to have a consultative approach

– Timothy Lopes, Manager | finserv@vinodkothari.com The need for a consultative approach In a post on LinkedIn, Vinod Kothari stated: “Let us face it – the business world is increasingly governed by regulations, and not rule of law. Parliamentary law in most cases is skeletal, laying what may evasively be termed as the essential principles. […]

Securitisation of stressed loans: Opportunities and structures

Comments on RBI’s Discussion Paper on Securitisation of Stressed Assets Framework (SSAF) dated January 25, 2023 Timothy Lopes, Manager | Vinod Kothari Consultants Pvt. Ltd. finserv@vinodkothari.com Background At present, in India, there exists a framework for securitisation of standard assets only. in September, 2021 the RBI issued the ‘Master Direction – Reserve Bank of India […]

The basics of digital gold

Timothy Lopes | Manager finserv@vinodkothari.com Vinod Kothari Consultants Pvt. Ltd. The precious metal, gold, has for the longest time been seen as a form of investment that provides adequate returns, diversification and also possess hedging properties. Especially in a country like India, which is one of the largest markets for gold according to the World […]

RBI introduces corporate governance norms for Asset Reconstruction Companies

Timothy Lopes | Manager | finserv@vinodkothari.com The RBI has, on October 11, 2022, issued a circular[1], amending the extant regulatory framework for Asset Reconstruction Companies (‘ARCs’) and introducing corporate governance norms and other aspects through this circular. Considering the importance of ARCs, a need was felt to review the extant regulatory framework. Through the Statement […]