All about feature films financing

[This article offers process of credit facilities to film industry under cash budget & Line of credits (LOCs)] The feature film production involves buying script, evolving screenplays, dialogs, scouting site location, film shooting, music recording, lab processing and post-production activities such as editing, dubbing, re-recording, mixing, taking final prints, obtaining censor clearance and release of…

Key features of amendment 2016 to SARFAESI ACT 2002

Latest:  A few sections relating to registration of security interest by secured and other creditors, the effect of registration of transactions, right of enforcement of securities, and priority to secured creditors were not notified in the said amendment.  In view of the foregoing Section 17 to Section 19 of the 2016 Act have been notified…

All about ‘S4A’: The Scheme for restructuring Stressed Assets

(This article elucidates comprehensively about S4A (‘Scheme for Sustainable Structuring of Stressed Assets’) to tackle the problem loans of large projects. The article also covers  S4A- post resolution, with regard to management issues, Asset Classification, and Provisioning) The newly announced ‘Scheme for Sustainable Structuring of Stressed Assets’ (S4A) by RBI  is outlined to tackle the…

Activities of Self-Help Groups (SHGs)

(This article elucidates about self-help groups, their activities, loan facilities from banks, advantages of lending to SHGs, Aajeevika- National Rural livelihoods Mission (NRLM) for women SHGs in rural areas.) Women Self Help Group (SHG) is the group voluntarily formed by 10-20 women involved in livelihood activities like making candles, artificial jewellery, pavement vendors, hawkers, tailoring…

Dealing in Priority Sector Lending Certificates (PSLCs)

[This post answers on many questions like ‘What is a PSL certificate?’, ‘Who needs PSLCs?’, ‘How the limit for issuance of each category of PSLC is decided?’ ‘How the PSLC transactions are computed for determination of PSL target/sub-targets?’, ‘Is there any expiry date to PSLCs?’, ‘Whether the loan assets or risks of loan defaults are…