Conference Program*

08:30 Registration of Delegates, Speakers & Partners & Welcome Tea/Coffee
09:30 - 09:35 Lamp Lighting by dignitaries
09:35 - 09:45 Welcome Address by Usha Ananthasubramanian, Dy. Chairman, Indian Banks' Association and MD & CEO, Allahabad Bank
09:45 - 10:00 Special Address 1
Rajnish Kumar, Chairman, State Bank of India
10:00 - 10:15 Special Address 2
Sudarshan Sen, Executive Director, Reserve Bank of India
10:15 - 10:45 Keynote Address
Dr. M.S. Sahoo, Chairperson, Insolvency and Bankruptcy Board of India
10:45 - 10:55 Vote of Thanks - VG Kannan, Chief Executive, Indian Banks' Association
10:55 - 11:10 Tea/Coffee Break
11:10 - 12:10

PANEL DISCUSSION - "The Changing Contours of Asset Resolution in a Continuously Evolving Credit Marketplace"

  • Value creation through asset sale
  • Resolution rather than liquidation
  • Capital Generation issues faced by ARCs
  • Metrics to gauge revival worthiness of bad loans
  • Role of NCLT in speeding up matters
Moderator: Abizer Diwanji, Partner and National Leader, Restructuring and Turnaround Services, EY
  • Sudarshan Sen, Executive Director, Reserve Bank of India
  • Sunil Mehta, Chairman, Punjab National Bank
  • V. Srinivasan, Dy. Managing Director, Axis Bank
  • Ashwin Ramanathan, Partner, AZB & Partners
  • Vinayak Bahuguna, CEO and MD, ARCIL
  • Nagaraj Garla, MD & CEO, IDBI Capital
  • Uday Bhansali, President - Financial Advisory, Deloitte Touche Tohmatsu India
12:10 - 13:10

PANEL DISCUSSION - "Compelling Business Issues & Challenges in Business Valuation"

  • Discounted valuation – the NPA Sales Vs Valuation Asymmetry
  • Regulatory guidelines in valuation of non-performing assets
  • Unlocking real value from highly stressed loans
Moderator: Nitin Jain, Partner, Restructuring and Turnaround Services, EY

  • Sunil Srivastava, Dy. Managing Director, State Bank of India
  • Mythili Balasubramanian, Executive Director, IDBI Bank
  • Nikhil Shah, Managing Director, Alvarez & Marsal India
13:10 - 14:10 Networking Luncheon
14:10 - 15:10

PANEL DISCUSSION - "Security Receipts - Market Acceptance, Listing, Rating and Regulatory Concerns"

  • Banks Vs ARCs – the expectation mismatch
  • Reserve price issues
  • Rating criteria for security receipts
  • Debt Aggregation challenges
  • Criticality of Infusion of fresh funds
  • Recapitalization by government
  • Low capital base of ARCs
Moderator: Nitin Jain, Partner, Restructuring and Turnaround Services, EY

  • Siby Antony, MD & CEO, Edelweiss Asset Reconstruction Limited
  • Dr. S. Subramanian, Managing Director, Axis Capital Ltd
  • Rajesh Mokashi, MD & CEO, CARE Ratings
  • Barnali Mukherjee, Chief General Manager, Debt & Hybrid Securities, Securities And Exchange Board of India
  • Ishita Vora, Head – Listing (Equity & Debt), National Stock Exchange of India Ltd.
15:10 - 15:25 Tea/Coffee Break
15:25 - 16:25

PANEL DISCUSSION - "Bad Loans and Reconstruction - Legal and Regulatory Issues"

  • Regulatory issues under Banking Regulation Act
  • Legal issues and concerns under legal and corporate laws
  • Measures to cut down turnaround time for protracted bad loans
  • Loss Amortization issues
  • Issues in consortium selling of loans by banks to ARCs
Moderator: Vikram Babbar, FS Lead- Forensic, EY

  • M.V. Phadke, Executive Director, IDBI Bank
  • Narayan K. Seshadri, Director, SBICAPs
  • Shardul Shroff, Executive Chairman, Shardul Amarchand Mangaldas
  • M.R. Umarji, Former Chief Advisor - Legal, Indian Banks' Association
  • K.M. Jayarao, Executive Vice Chairman, Ambit Flowers Asset Reconstruction Private Limited
  • Vivek Grover, ED & COO, JM Financial Asset Reconstruction Limited
16:25 - 16:35 Valedictory Address / Closing Remarks – by B Raj Kumar, Deputy Chief Executive, Indian Banks' Association
16:35 onwards Closing Hi-Tea Reception
*subject to changes.