This document provides information on Infrastructure Leasing and Financial Services (IL&FS) including its subsidiaries, debt levels, defaults, impact, and restructuring process. It summarizes that IL&FS is an infrastructure financing company formed in 1987 that has over 250 subsidiaries, but began defaulting on debt payments in 2018 totaling over Rs. 94,000 crore. This caused a liquidity crisis, impacted markets, and led to investigations into its governance and operations. A new board is undertaking measures like asset sales to restructure and resolve the situation.
The recent case of IL&FS has stuck the corporate world hard especially infrastructure leasing and financing industry. The issues at hand are much deeper than what it appears. The presentation is an attempt to make people understand the case in a simple way.
Punjab National Bank Fraud (Nirav Modi Scam) ppt presentation slideshareFatema Tandiwala
A case study presentation on Punjab National Bank scam (Nirav Modi)
India's second largest state-owned lender Punjab National Bank disclosed on Feb. 14, 2018 that it was the victim of the country’s largest bank fraud.
PNB revealed that fraudulent transactions by billionaire jeweler Nirav Modi and related entities amounted to $1.77 billion or over Rs 11,400 crore.
The key accused in the case were jeweler and designer Nirav Modi, his maternal uncle Mehul Choksi, and other relatives and some PNB employees.
Nirav Modi and his relatives escaped India in early 2018, days before the news of the scam became public.
PNB scam has been dubbed as the biggest fraud in India's banking history.
The recent case of IL&FS has stuck the corporate world hard especially infrastructure leasing and financing industry. The issues at hand are much deeper than what it appears. The presentation is an attempt to make people understand the case in a simple way.
Punjab National Bank Fraud (Nirav Modi Scam) ppt presentation slideshareFatema Tandiwala
A case study presentation on Punjab National Bank scam (Nirav Modi)
India's second largest state-owned lender Punjab National Bank disclosed on Feb. 14, 2018 that it was the victim of the country’s largest bank fraud.
PNB revealed that fraudulent transactions by billionaire jeweler Nirav Modi and related entities amounted to $1.77 billion or over Rs 11,400 crore.
The key accused in the case were jeweler and designer Nirav Modi, his maternal uncle Mehul Choksi, and other relatives and some PNB employees.
Nirav Modi and his relatives escaped India in early 2018, days before the news of the scam became public.
PNB scam has been dubbed as the biggest fraud in India's banking history.
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The presentation is all about yes bank and describing its in depth details from year 2008 to 2019 and also its future prospects with all the major frauds and their NPAs details, along with this a questioner is also presented when we visited yes bank ltd.
also its balance sheet of year 2008 to 2019 is being discussed.
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HERE IS THE PPT ON PNB SCAM
NIRAV MODI
WE MADE IT BASED ON EARLIER FACED FRAUD BY PNB
FRAUDSTER NAME IS NIRAV MODI
I THINK IT WILL CLEAR ALL YOUR DOUBTS ABOUT SCAM
The scam can be categorized as capital market scam
in which it is done by manipulating the facts in order to attain enormous funds.
There are four different aspects of the scam.
Diversion of funds
Intra day trading
Use of ready forward to maintain SLR
Fake bank recipts
Does Corporate Governance really stays the same in the reality as it's been explained to students...?
Such cases really raise many questions on that note.
Yes Bank detailed presentation (2008 to 2019)ShubhamChugh9
The presentation is all about yes bank and describing its in depth details from year 2008 to 2019 and also its future prospects with all the major frauds and their NPAs details, along with this a questioner is also presented when we visited yes bank ltd.
also its balance sheet of year 2008 to 2019 is being discussed.
A study on Vijay Mallya Scam Case: Vijay Vittal Mallya, once known to you and me as ‘The King of Good Times’ or also dubbed ‘ The playboy of the East’ was born to the Indian Entrepreneur Vittal Mallya in 1955. Vittal Mallya was largely known for the role played as the director of United Breweries (UB) Group which he achieved at the age of 23. Following his father’s sudden demise Vijay Mallya became chairman of the UB Group.Vijay Mallya was always known for his flamboyant and posh lifestyle. A testament to these were the lavish New Year Parties at his Kingfisher Villa in Goa or the birthday bashes thrown on his luxurious Yacht ‘ The Indian Empress’.
ICICI Videocon loan case - NIFTEM MBA ActivitySiddartha B
Presentation gives the complete timeline of ICICI- Videocon Loan Case study. What happened to Rs 3,250 cr ?? What all happened from last 10 years?? Why Chanda Kochhar have pay back Rs 9.5 Cr Bonus from ICICI?
HERE IS THE PPT ON PNB SCAM
NIRAV MODI
WE MADE IT BASED ON EARLIER FACED FRAUD BY PNB
FRAUDSTER NAME IS NIRAV MODI
I THINK IT WILL CLEAR ALL YOUR DOUBTS ABOUT SCAM
The scam can be categorized as capital market scam
in which it is done by manipulating the facts in order to attain enormous funds.
There are four different aspects of the scam.
Diversion of funds
Intra day trading
Use of ready forward to maintain SLR
Fake bank recipts
Does Corporate Governance really stays the same in the reality as it's been explained to students...?
Such cases really raise many questions on that note.
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
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6. Gujarat International Finance Tech
city
Ladakh To Kashmir tunnel
Building Oil Terminal
India’s Longest and safest road
tunnel
7.
8. Masala
Loan
IL&FS Transportation (ITNL)
secured USD 50mn from Export
Development Canada(EDC).
Refining debt and
general corporate
purposes
Rupee denominated
loan
First Indian company
to raise this type of
loan from overseas
Currency
fluctuations hedging
costs are borne by
the lender.
10. 7 times
defaulted
in
Payment
of interest
Today’s
Debt Rs.
94,216 cr.
Secured
73,359 Cr
&
Unsecured
20,857 Cr
Defaulted
short term
loan of Rs
1,000 Cr
Capital
infusion of
Rs 3000 Cr
Proposed
Rights
Issued of
Rs 4500
Cr.
11. Unable to
repay CP
obligations
To fulfill
long term
debt
company
started
taking
short term
debt.
Debt-
Equity
Ratio 16
times
700 Cr
recovery
from
National
Highway
Authority
of India on
the basis of
executed
projects.
Tamil nadu
Power
company
filed
litigations
of Rs. 382
Cr
Auditors in
default BSR
Associates
& Deloitte
20. Improper utilization of
company’s resources by
top management.
• High paid top
management.
Shadow Bank so less
regulatory compliances
because company is not
directly taking deposits
from the public.
• Risk management not
done properly
Cost escalation due to
project delays.
• Problems in land
acquisition.
21. Started finding lapses in the regulating
the IL&FS.
RBI conducted forensic audit into IL&FS
financials.
Serious Fraud Investigation Office filed
charge sheet as per suggested by RBI
Corporate governance lacked in the
IL&FS.
RBI reported improper calculation of Net
owned funds for year 2015 onwards.
22. Asked other commercial banks to disclose the
outstanding's and Non-Performing Assets of the
IL&FS on 24th April, 2019
The central bank could invoke Section 45 of the
RBI Act, 1934, against the wholly-owned
subsidiary of infrastructure lender IL&FS.
RBI issues a show-cause notice to IL&FS.
•Fraudulent transactions were taken up to
bypass the RBI directions on group lending.
Auditors have resigned on 15th July, 2019
24. Fall of NIFTY, SENSEX indices
Fear of liquidity.
60% fall of share price of DHFL.
Credit rating agency’s CEO sent on leaves
L&T and Bajaj Finance share price fall 14% to 16% .
Trust on Credit rating agency are under scanner.
25. •Mutual fund
invested in debt
instrument will get
affected.
• Mutual funds units
started selling out.
•Financial market
gets destabilize
• Down in credit rating of
other invested
companies.
National Pension
Scheme gets
affected.
26. Self Governance should be removed
Restructuring Strategy
Liquidate the non performing subsidies
Resolve land acquisition issues with the help of Govt
Similar type of company should monitor by RBI
27. Risk Assessment at regular Interval
Corporate Governance
Whistle Blowing strategy should adopt
RBI must have right to appoint Auditors
Concurrent Audit’s must be done effectively & efficiently
28. Aniket M, Vishal, Vikas , Tejas & Mayank Designed and created by Aniket M
