Some of the financing arrangements entered into by us include conditions that require our Bank to obtain respective lenders’
consent prior to carrying out certain activities and entering into certain transactions. Some of the corporate actions that require
prior consents from certain lenders include, amongst others, altering our capital structure; changing our current ownership/
control, formulating a scheme of amalgamation, compromise or reconstruction, material change in management, implementing
a scheme of expansion, declaration of dividend in case of default, and amending constitutional documents. For further
information, see “Risk Factors - We are required to comply with certain restrictive covenants under our financing agreements.
Any non-compliance may lead to, amongst others, accelerated repayment schedule and enforcement of security, which may
adversely affect our business, results of operations, financial condition and cash flows.” on page 40.

CONTRACTUAL OBLIGATIONS AND COMMITMENTS

The following table sets forth certain information relating to future payments due under known contractual commitments as of
December 31, 2020, aggregated by type of contractual obligation:

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020
Payment due by period
Total Less than 1 1-3 years 3-5 years More than 5
year years
Particulars (million)

Estimated amount of contracts remaining to
be executed on capital account and not - - - - -
provided for (net of capital advance)
Lease Hold Improvement 35.59 35.59 : : :
IT related 110.56 109.09 147 : :
Total Contractual Obligations 146.15 144.68 1.47 : :

 

 

 

 

 

 

The following table set forth information relating to the future minimum lease payments under the operating leases for our
offices and Banking Outlets:

 

 

 

 

 

 

 

As of December 31, 2020
Payment due by period
Total Lessthanlyear | Laterthan1year | More than 5 years
but not later than 5
years
Particulars million)

‘Non-cancellable operating lease obligations 103.04 57.64 44.50 0.90
Total 103.04 57.64 44.50 0.90

 

 

 

 

 

 

SECURITISATION AND ASSIGNMENT ARRANGEMENTS —

The following table sets forth information regarding our securitization deals outstanding as of March 31, 2018, 2019 and 2020
and as of December 31, 2019 and 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of As of As of As of ‘As of
Particulars (Securitisation) March 31, | March 31, | March 31, | December | December
2018 2019 2020 31,2019 | 31, 2020
@umillion)

())_No. of accounts sold during the year - 68,201 - - -

(i) Aggregate value of accounts sold during the year : 1,035.63 - = -

(ii) Aggregate Consideration received during the year : 921.67 - = -

(iv) Additional Consideration realised in respect of account

transferred in earlier years . = . . .

(v) Aggregate gain over net book value during the year - 106.81 - : -

(vi) MRR - 113.96 - - ~

(vii) First Loss - 165.96 = = =

(viii) Others = * : : -

(ix) Outstanding Balance = 528.35 : : -

(x) No. of SPV transaction for securitisation transaction = 2 : : -
Asof  |AsofMarch| As of As of As of

Particulars (Direct Assignment Transactions) March 31, | 31,2019 | March 31, | December | December
2018 2020 31,2019 | 31,2020
@uillion)
(@_No. of accounts - 1,26,182 = = =

 

 

 

 

 

 

 

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