Over the past couple of years, quantum jumps in non-performing assets have impacted corporate India in a debilitating manner. And this gets into a vicious loop. The distressed market has awfully affected all possible participants – lenders, bankers, business houses, policy makers, and everyone else connected with the business, finance and legal eco-systems.
The resulting tailspin or free fall does not augur well for an economy that is still reeling under the onslaught of the pandemic.
And the “Domino Effect” continues...
Gross non-performing asset (GNPA) ratio of SCBs may increase from 7.48 per cent in March 2021 to 9.80 per cent by March 2022 under the baseline scenario; and to 11.22 per cent under a severe stress scenario, although SCBs have sufficient capital, both at the aggregate and individual level, even under stress.
Source: RBI Financial Stability Report – July 21 highlights
Stressed assets of Indian banks will remain elevated at 11-12% in fiscal 2022, up from 8.7% in the previous year. The pandemic has further weakened asset quality to a large extent.
Source: S&P Global Ratings
Non-performing assets (NPAs) or bad loans of banks have declined by INR 61,180 crore to INR 8.34 lakh crore at the end of March 31, 2021, as result of various steps taken by the government.
Source: Business Standard
Asset Recon India 2022 Conference will strive to comprehensively address a variety of issues, challenges and opportunities through serious deliberations. The conference theme is aptly titled “Achieving Collaboration + Growth”
Level one senior professionals from the government, regulators, senior bankers, tribunal and appellate authorities, heads of associations, leading ARC company nominees and other investors, financial institutions, leading consulting and legal entities among others will be invited to participate, speak and network.
This conference will provide a niche platform for various stake holders to network, deliberate, collaborate and grow together. Come join us, and be part of this interesting meeting place.
Senior officials from Ministry of Finance, RBI, IBBI, NCLT, NCLAT, IBA etc.
Board Level and Senior Function Heads from banks (Public, Private, Cooperative)
Top Asset Reconstruction Companies, Associations and Rating Organizations
Leading law Firms specialising in M&A, Restructuring etc.
|1:30 PM – 1:35 PM||Welcoming dignitaries and participants|
|Inaugural, Keynote & Special Addresses|
|1:35 PM – 1:40 PM||Lamp lighting by chief guest & other distinguished dignitaries|
|1:40 PM – 2:00 PM||Keynote Address - To be announced|
|2:00 PM – 2:20 PM||Special Address – To be announced|
|2:20 PM – 2:30 PM||Thought Leadership Address – Knowledge Partner (EY)|
|2:30 PM – 2:40 PM||Vote of Thanks|
|Presentations & Panel Discussions|
|2:40 PM – 3:50 PM||Power Panel Discussion # 1
Avenues for corporate stress resolution in India – An analysis of available options
2:40 PM – 2:45 PM - Setting the tone – by Session Moderator - Dinkar Venkatraman, Head – Turnaround & Restructuring Strategy, EY
2:45 PM – 3:00 PM - Platinum Partner Presentation
3:00 PM – 3:45 PM - Power Panel Discussion
3:45 PM – 3:50 PM - Q & A time
|3:50 PM – 4:55 PM||Power Panel Discussion # 2
Current challenges in the stress resolution framework in India and potential way forward
3:50 PM – 3:55 PM - Setting the tone – by Session Moderator - Abizer Diwanji, National Leader, Financial Services, EY
3:55 PM – 4:10 PM - Platinum Partner Presentation
4:10 PM – 4:55 PM - Power Panel Discussion
4:55 PM – 5:00 PM - Q & A time
|5:00 PM – 5:15 PM||Conference closure remarks|
|*subject to changes.|