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Webinar on Selling of Financial Products by Banks and NBFCs

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Microfinance: State of the Industry and Way Forward

This episode of Mahattva – Voices that Matter, brings together the heads of two prominent MFIs. Microfinance has been attracting attention of the entire financial system, with concerns as well as with significant optimist curiosity. Clearly, this is one segment of the financial system where financial inclusion is at its very core. We intend to have a range of questions of what are the causes of the current state of things, opportunities, way forward, induction of capital and debt, and regulatory advocacy.

A must-watch for everyone interested in microfinance. To watch it live, join our WA Channel on VKC NBFC Updates here- https://www.whatsapp.com/channel/0029Vb5epkr65yDCj3YJHg44


Read our resources on MFI lending here

  1. Micro Credit in India: Overview of regulatory scenario
  2. A Face-off with micro finance – world over
  3. Leveling the playing field for all Microfinance Lenders
  4. RBI takes measures to boost MFI lending and regulate PPI issuers
  5. The Great Consolidation: RBI’s subtle shifts; big impacts on NBFCs

Webinar on 4 new major regulations on NPL Securitisation, Co-lending, Gold lending and NFB facilities

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Webinar on RBI discussion paper on Governance in Commercial Banks in India

Date: 22nd June, 2020 at 05:00 pm, India time. Will run for about 90 mins.

Speaker: FCS Vinita Nair, Senior Partner, Vinod Kothari & Company

Background:

Effective Corporate Governance practices at banks plays a significant role in the banking sector and the economy as a whole. The banking industry in India witnessed governance failures in the past which seems to have triggered the need for the regulator to re-look at the governance guidelines for commercial banks in India.

RBI on 11th June, 2020 issued a discussion paper on the guidelines for Governance in Commercial Banks in India.

Scope of the webinar:

We intend to discuss the proposals put forth in the discussion paper in this webinar (expected duration around 90 mins) and comparing the proposed requirements with the existing ones.

  • Scope and applicability;
  • Overall responsibilities of the Board of Directors;
  • Duties of director;
  • Understanding and managing Conflict of Interest for banks;
  • Structure, composition and role of Board Committees;
  • Risk Governance Framework – The three lines of defence;
  • Separation of ownership from Management;
  • Whistle-blower mechanism.

Where:

On the internet, via Google Meet / Zoom Meeting

Please note that the webinar has a maximum capacity of 50, including the host, and entry is on first-come-first-enter basis.

Whether interactive:

Yes. Participants may post queries, either in advance or at the time of webinar. Participants may, based on feasibility, also be allowed to speak.

For registration:

Kindly mail with relevant details on – shaifali@vinodkothari.com.

Knowledge Resources:

  1. RBI Discussion paper on Governance in Commercial Banks in India
  2. Report of the Basel Committee on Banking Supervision
  3. RBI circular on Calendar of Reviews – Audit Committee of the Board of Directors
  4. Recommendations of the Banks Board Bureau

Regulatory framework for NBFC-SI