Moody's Investor Service
 

Moody’s and ICRA

4th Annual India Credit Conference

 

India’s fiscal policy challenge, reform progress, growth outlook

 

7 June 2018, Mumbai

 
REGISTER HERE

Event details

Date: Thursday, 7 June 2018
Time: 9:30AM - 1:00PM (Registration starts at 9:00AM)
Venue: Grand Salon, Sofitel BKC Hotel

Registration is required. No attendance fee will be charged.

Agenda

09:30 Welcome and keynote address

Naresh Takkar, MD and Group CEO, ICRA
 

09:40 Drivers of India’s Baa2 sovereign rating and a peer comparison

William Foster, Vice President – Senior Credit Officer, Sovereign Risk Group, Moody’s
 

09:55 India’s fiscal outlook: Are fears of slippage overdone?

Panel Discussion
  • What is the outlook for growth in FY19 and beyond?
  • How credible is the government's medium-term fiscal target?
  • To what degree is India vulnerable to external risks and climate change?
Moderator
Joy Rankothge, Vice President – Senior Analyst, Credit Strategy and Research Group, Moody's

Panelists
William Foster, Vice President – Senior Credit Officer, Sovereign Risk Group, Moody’s
Aditi Nayar, Principal Economist, ICRA
Sajjid Chinoy, Chief India Economist, JP Morgan
Ananth Narayan, Associate Professor at S.P. Jain Institute of Management and Research
 

10:40 India’s financial institutions: What are the reforms and resolutions needed now that recapitalization is underway?

Panel Discussion
  • Is the USD32 billion recapitalization package enough to resolve the solvency challenges of public sector banks? 
  • Is the NCLT process a paradigm shift in the resolution of nonperforming assets?
  • How is governance reflected in Moody’s and ICRA’s bank ratings?
  • What is the credit impact of Fintech’s disruption to the banking system? 
  • What are the solvency challenges for insurers? Is M&A a viable credit solution?
Moderator
Ira Dugal, Banking & Finance Editor, Bloomberg Quint

Panelists
Karthik Srinivasan, Group Head, Financial Sector Ratings, ICRA 
Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions Group, Moody’s
Mohammed Ali Londe, Assistant Vice President – Analyst, Financial Institutions Group, Moody’s
 

11:40 Coffee break and networking

 

11:55 Tracking credit trends for Indian non-financial corporates

Subrata Ray, Senior Group Vice President, ICRA 
Vikas Halan, Senior Vice President, Corporate Finance Group, Moody’s
 

12:05 Evaluating risks, reforms and recovery for Indian non-financial companies

Panel Discussion
  • A broadening issuer base, higher yields and diversity are attracting more foreign investors
  • The profitability of Indian corporates, amid robust growth and structural reforms 
  • Taking stock of the recovery of Indian corporates, as disruption from the implementation of GST fades
  • The capital expenditure cycle and whether the government will boost infrastructure spending
  • The impact of UDAY over the last two years, and whether there are signs that reforms on the distribution side will slip

Moderator
Laura Acres, Managing Director, Corporate Finance Group, Moody’s

Panelists
Anjan Ghosh, Head of Corporate Ratings and Chief Credit Officer, ICRA
Vikas Halan, Senior Vice President, Corporate Finance Group, Moody’s
Abhishek Tyagi, Vice President – Senior Analyst, Public, Project and Infrastructure Finance Group, Moody’s

 

12:55 Closing remarks

 

13:00 Networking lunch

 

CONTACT US

Singapore

+65.6398.8300

asiaevents@moodys.com

Mumbai

+91.22.40046111

asiaevents@moodys.com

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