Conference Program**

08:30 onwards Registration of Delegates, Speakers & Partners & Welcome Tea
09:30 - 09:35 Lamp Lighting by dignitaries
09:35 - 09:45 Welcome Address
Rajnish Kumar, Chairman, Indian Banks' Association and Chairman, State Bank of India
09:45 - 10:20 Keynote Address # 1
G K Singh, Joint Secretary – Ministry of Corporate Affairs, Government of India
10:20 - 10:55 Keynote Address # 2
Dr. M.S. Sahoo, Chairperson, Insolvency and Bankruptcy Board of India
10:55 - 11:00 Vote of Thanks - VG Kannan, Chief Executive, Indian Banks’ Association
11:00 - 11:15 Tea/Coffee Break
11:15 - 11:20 Launch of the EY report on the distressed market
11:20 - 12:20

Regulatory Panel - "Regulator response to resolving stress"

  • The regulator’s approach to stress in the system
  • MF and IRDA response to stress to enable consolidated resolution
  • Opening up of distressed markets to foreign players like FPI, ECB, innovation in finance and caps on interest rates.
  • The issues around newer amendments to the IBC code and way forward
  • ICA and its implications how does one deal with coordinated efforts
  • Need for regulation in india to enable resolution
Moderator: Abizer Diwanji, Partner and National Leader, Financial Services, EY
  • G K Singh, Joint Secretary – Ministry of Corporate Affairs, Government of India
  • Dr. M.S Sahoo, Chairperson, Insolvency and Bankruptcy Board of India
  • Mukul Kumar Shrawat, Member (Judicial), National Company Law Tribunal (NCLT)
  • Vaibhav Chaturvedi, General Manager – Department of Regulation, Reserve Bank of India
12:20 - 13:20

Bank CEO Panel - "Resolving stress"

  • Improving credit under-writing, would loan trading enable better credit management?
  • Issues with June 7 circular and loans by entities other than those governed by RBI
  • Bid offer spreads and issues faced with investors
  • IBC progress and its impact on realisations
  • Restructuring and turnaround vs cash
Moderator: Dinkar Venkatasubramanian, Partner and National Leader, Restructuring and Turnaround Services, EY
  • Rajnish Kumar, Chairman, State Bank of India
  • CH S S Mallikarjuna Rao, MD & CEO, Punjab National Bank
  • Samuel Joseph Jebaraj, Deputy Managing Director, IDBI Bank
13:20 - 14:20 Networking Luncheon
14:20 - 15:20

Investors’ Panel - "Investing in Stressed assets"

  • Sizeable opportunities for investors across assets and sectors
  • Partnership model with global investors required for multi-platform ecosystem
  • IBC ecosystem is evolving; IBC referrals expected to moderate under 7 June framework
  • Increasing cash deals; ARCs forced to focus on resolutions for being relevant
Moderator: Nitin Jain, Partner, Restructuring and Turnaround Services, EY
  • Challa Sreenivasulu Setty, DMD – SAMG, State Bank of India
  • M. R. Umarji, Former Chief Advisor-Legal, Indian Banks' Association
  • Yogesh Rastogi, Head – Strategic Solutions Group, ICICI Bank
  • Kumar Saurabh Singh, Partner, Khaitan & Co
  • Aswini Sahoo, Chief Investment Officer, Asset Reconstruction Company India Limited (ARCIL)
  • Prasanta Kumar Das, Senior Vice President, Axis Bank*
15:20 – 15:35 Tea/Coffee Break
15:35 – 15:55 To be announced
15:55 - 16:55

Legal Issues Panel - "Facilitating Resolution"

  • Legal issues with respect to IBC
  • June 7 related issues (ICA/listed entities)
  • FRDI vs 227 of IBC
  • Investor management process – time taken to coordinated resolution
  • Operational issues in IBC/7 June circular
Moderator: Shailendra Ajmera, Partner, Restructuring and Turnaround Services, EY
  • Manish Kothary, Sr. Vice President (PA&SF), SBI Capital Markets Ltd.
  • Rajneesh Sharma, GM – GMCC Stressed Assets, Bank of Baroda
  • Ashwin Bishnoi, Partner, Khaitan & Co
  • S. Ramann, IA & AS, Managing Director & CEO, National eGovernance Services Ltd.
16:55 - 17:05 Valedictory Address / Closing Remarks - by B. Raj Kumar, Deputy Chief Executive, Indian Banks' Association
*Invited         **Program subject to changes.