Asset Recon India 2022 - Collaborate and Growth in Uncertain Times

Current Scenario & Key Statistics

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

Result Oriented Reforms & Resolutions

Relentless efforts by Government of India and Reserve Bank of India to comprehensively address critical twin balance sheet problems
4R Strategy by the Government of India: Recognition, Resolution, Recapitlisation and Reforms
Successful resolutions under the IBC framework coupled with effective reforms.
Critical roles played by NCLT, NCLAT and other legal entities - speeding up the asset resolution process.
ARCs and Private Fund companies – aiding the crucial funding and take-over process
Setting up of Bad Bank – leading to cleaner, healthier balance sheets of SCBs
Corporate Debt Restructuring (CDR)
Re-looking at NPA classification criterion and making suitable classification related changes
Rapid restructuring of non-performing assets, opting for maximum salvage, and innovatively exploring more liquidity options will remain the key elements. At the same time, banks will need to give a big push to improve the existing credit growth.

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.

Who will be invited

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.

Consulting Organisations

Insolvency Professionals

Program

Sessions & Timings

Kindly stay tuned to this page for program and speaker updates from time to time.

Timing	Program
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 Session Synopsis: Synopsis of the available options for stress resolution, including inter-alia : Debt restructuring under RBI guidelines One time settlements Secondary sale of loans Formal insolvency Analysis of the preferred option for lenders and order of priority Regulator’s perspective on the guidelines for timely identification and resolution of stress Situations which warrant a particular situation including inter-alia: Corporate governance standards of existing management Quantum of NPV loss under each option Turnaround capability of the company Potential level of interest in the market for a particular asset Relative success of formal insolvency across sectors and analysis of underlying reasons A funds perspective of funding a stressed corporate and aiding settlement of debt – challenges & opportunities Corporate buyer’s perspective on buying stressed companies under the formal insolvency route including challenges related to post acquisition turnaround 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 Session Synopsis: Impediments in the current framework for stress resolution in India including inter-alia : Policy challenges Regulatory challenges Corporate governance standards Delayed decision making Relative comparison of India’s framework with more developed/matured markets A fund’s and lender’s perspective on challenges to be addressed to make the process of stress resolution/stress funding/stress asset buying more effective and potent A buyer’s perspective on potential changes to framework, to ensure timely closure of transactions and successful post acquisition turnaround Potential solutions to address the identified challenges and improve the efficacy of recoveries from stressed assets, including inter-alia Regulatory changes Faster and more collaborative decision making etc. 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.