nbfc workshop

8/12/2019 NBFC Workshop

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NBFCs: A regulatory round up

Place: Kolkata | India

Venue: To be announced

Date: To be announced

Organised by: Vinod Kothari Consultants Pvt. Ltd


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Over the years, Non Banking Financial Companies (NBFCs) have acquired immense

significance and they now constitute the very core of the financial system. Within a period of

one year, the NBFC sector saw a blast of regulatory reforms, with all the financial regulators

coming out with something very relevant to the industry. The Reserve Bank of India, which

is the main regulator of the NBFCs, has from time to time come out with various guidelines,

and most recently with extensive and elaborate guidelines and norms on corporate

restructuring for the NBFCs, which we think has come out in tune with the soaring concerns

over NPAs in the country. This has created a lot of buzz among the NBFCs. In addition, theenactment of the Companies Act, 2013 which replaced the 60-year old Companies Act, 1956

also has many things in store for NBFCs.

With so many relevant regulatory changes transpiring simultaneously, we have decided to

organise a one-day workshop to round up all the regulatory developments for NBFCs. We

shall cover the regulations in details, starting from the Companies Act 2013 to the Corporate

Debt Restructuring norms, and the wider implications of the regulations on the business of

NBFCs and also provide valuable practical tips to steer your business through the tides. For

those in the business of NBFCs, this would surely be a great opportunity to sharpen and

refine your knowledge and expertise, avoid and recover from mistakes and stay ahead in thecompetition.

Non Banking Financial Companies Consultants Regulators

Why this workshop?

Who can attend?


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Session 1: Overview of NBFCs sector and the recent changes

Current sub-sectors and classifications Sub-sector changes and the implications

NBFC-FactorsGold loan companiesPricing of credit for NBFC-MFIsECB to AFCsOther import amendments

CERSAI registration for equitable mortgages Insurance sector participation Branch Info

Session 2: Applicability of the Companies Act, 2013 on NBFCs

Section 36 empowerment Public deposit guidelines Provisions for appointment of nominee directors Applicability of sec 185, 186 and relevant exemptions to certain classes of

NBFCs

Applicability of Sections 42, 62, 71Session 3: New regime for issue of debt

Private placement guidelines Shelf prospectus requirement Securities and Exchange Board Of India (Issue and Listing Of Debt Securities)

(Amendment) Regulations, 2014

Issues on fund raisingSession 4: Practical insights into Corporate Debt Restructuring

Session 5: Corporate Debt Restructuring by NBFCs

NBFCs restructuring under the CDR framework NBFCs restructuring outside the CDR framework Implications Computation of fair value of the restructured debt Computation of promoters sacrifice

Session 6: Framework for distressed assets by RBI

Course Outl ine


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Nidhi Bothra

Qualification: Associate Company Secretary

Present Engagement: Executive Vice President, Vinod

Kothari Consultants P Ltd.

ARTICLES & PUBLICATIONS:

Article on Euromoney Handbook on Structured Finance on Securitisation inAsia

Article on Solar securitisation in renewable energy magazine. Co-Authored article on Islamic Lease published in World Leasing News Articles on Islamic Finance News, Red Money publication Understanding of

Sukuk and Islamic securitisation structuresmore needs to be done?

Articles in Asset Finance International on - Indias leasing rebirth in the wake of economic boom Indian leasing set to grow as non-banking finance companies benefit from

new regulations

Commented on the lease sector India in New hopes for Indian leasing asgloom lifts in the economy

Ghosts of sale and leaseback -- will we exercise now Articles in moneylife.com on FDI in Retail FAQs and Securitisation

Guidelines impact on India and on issues relating to securitisation, leasing,

derivatives, ECBs, affordable housing finance and other relevant topics on

finance.http://moneylife.in/author/nidhi-bothra.html

Articles in Indiancorplaw. Articles in Easter India Regional Council Newsletter, ICSI on Microfinance in

India

Article on Credit Derivatives: Risk Mitigation device in Chartered Secretary Articles on Easter India Regional Council Newsletter, ICAI on Carbon Credits

Regulatory, Accounting, Taxation Issues

Articles and reviews on the microfinance industry in microfinancefocus.com Several articles published inwww.vinodkothari.com,www.india-financing.com,

www.credit-deriv.com andwww.suvidha.com on Micro finance, laws of venture

capital, mortgage industry and carbon credits, leasing, cost management,

Introduction to Financial Markets etc

Analysis of the state of securitization and leasing industry in several countries

Research reports on NBFCs, leasing sector, commercial vehicles industry - India

Faculty
http://moneylife.in/author/nidhi-bothra.htmlhttp://www.vinodkothari.com/http://www.india-financing.com/http://www.credit-deriv.com/http://www.suvidha.com/http://www.suvidha.com/http://www.credit-deriv.com/http://www.india-financing.com/http://www.vinodkothari.com/http://moneylife.in/author/nidhi-bothra.html


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CONSULTING EXPERIENCE:

Led a capacity building program for IFC on developing a toolkit on HousingMicrofinance and Micro-mortgages in India, 2012

Engaged on study on Covered Bonds into India for a Working Committee set upby National Housing Bank India, 2012 Currently acting as a leasing consultant to several NBFCs in India Assisted on project for leasing in Egypt for a microfinance entity in Egypt in

2010

Assisted on Affordable Housing Project for the Govt. of Jordan in 2009TRAINING & LECTURING:

Domestic trainings and lectures: 2 days at 16th Securitisation & Covered Bonds Masterclass, a public

workshop open for corporates held in Mumbai.

2 days public workshop for corporate on Asset Backed Lending & OperatingLeases, in Mumbai, November, 2012, April, and August, 2013.

2 day workshop on Cashflow modeling in Securitisation for corporate inMumbai in May, 2013.

Co-faculty for in-house training for Philips India Limited Co-faculty in 2 day public workshop on Asset-backed lending & Operating

leases organised by VKC in July, 2012

Lectured in Calcutta University on Functioning of Financial Markets Corporate trainings, trained over 200 employees across India on asset

backed funding Part of training team for SME lending business for a leading NBFC in India Guest Lecture at NUJS on Securitisation and SARFAESI Guest Lecture at ICAIs Masters of Business Finance course Lectured in Institute of Chartered Accountants of India on Carbon Credits Lectured several CS students in Institute of Company Secretaries of India

(ICSI)

International trainings and lectures: 5 days Training on securitization at African Securitization & Bonds School

at Ghana, Africa

AREAS OF EXPERTISE:

Securitization & Covered Bonds Affordable housing Mortgage lending Leasing Asset reconstruction business


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OTHER ENGAGEMENTS:

On the Correspondent Board for Islamic Finance News, Red Money Publicationsfor Securities and Securitisation.

Profile of the month for January, 2012, in Asset Finance International, aninternational online journal focused on asset backed lending.

Presently retained as an expert with Globalexperts4u as an expert on legal andfinancial topics

Participated in Doing Business 2010, 2012, 2013 & 2014 by IFC, World Bankon regulatory scenario in India


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Naveen Gupta

Qualification: Chartered Accountant

Mr. Gupta has more than 17 years of experience in Corporate Affair, Finance & Accounts,

with prestigious listed business organizations. Naveens core capabilities are in mobilizing

working capital, long term financing needs to support plant operations/projects though

banks/FIs, Private Equity, Loan Syndication and Debt Restructuring.

Naveen began his career with Technical Associates Pvt. Ltd. a transformer manufacturing

Company based in Lucknow and joined Ramsarup Industries Ltd., Kolkata in 1998. Naveen

served Ramsarup for 15 years at various capacities. During his engagement with Ramsarup,

Naveen was instrumental in listing the Equity Shares of Ramsarup with BSE and NSE,

arranging finances through off-shore funding, raising/restructuring of debt of Rs 2000 Crores.Naveen has handled BIFR and DRT matters for various companies. Naveen left Ramsarup in

2013 to start his own advisory services in the field of Investment Banking and Corporate

Advisory.

Naveen is member of various organisations namely Steel Wire Manufacturing Association,

Merchant Chamber of Commerce, CII and VIP Chartered Accountants Study Circle. Naveen

is active participant at social camps and various help-age services organized by NSS of St.

Xaviers College.

Naveen has completed his Bachelors in Commerce from St. Xaviers Collegeand is a FellowMember of The Institute of Chartered Accountants of India.

Guest Speaker


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Ashish BajajQualification: Company Secretary

Mr. Bajaj has more than 10 years of experience in Corporate Law Matters, Private Equity,

Loan Syndication, Debt Restructuring besides other Corporate Advisory services.

Ashish began his career with Meghalaya Cement Limited as Sr. Manager (Secretarial &

Accounts) and soon moved to Tantia Constructions Ltd. to handle the IPO of the Company as

Company Secretary & Compliance Officer. After the IPO of Tantia Constructions, Ashish

joined Microec Capital Ltd. as VP (Investment Banking). During his engagement with

Microsec Ashish handled various IPOs, Private Equity, Loan Syndication and Corporate

Advisory matters. Ashish left Micorsec in June, 2009 to co-promote Aspire Capital Pvt. Ltd..

Ashish left Aspire in May, 2012 to set up Pasofino Advisory Services Pvt. Ltd., an integrated

financial services firm in Kolkata with a focus on mid-market space. Today inter aliaAshish

is handling five CDR cases ranging from Rs 30 Crores to Rs 250 Crores.

Ashish has completed his Bachelors in Commerce, Chartered Accountancy (Inter) and

Company

Secretary. Ashish secured All India 3rdRank from The Institute of Company Secretaries of

India in its Final Examination.

Guest Speaker


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nbfc workshop

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