Banking & Finance | Jun 2022
MASTER DIRECTIONS – CREDIT CARDS AND DEBIT CARDS – ISSUANCE AND CONDUCT DIRECTIONS, 2022
On April 21, 2022, the Reserve Bank of India (RBI) published the Master Directions on Credit Card and Debit Card –...
Banking & Finance | Jun 2021
Law & Policy Update | RBI stimulus measures to tackle second covid wave
On-tap liquidity window for contact-intensive sectors and special liquidity to SIDBI
Banking & Finance | May 2021
Law & Policy Update | Framework 2.0 introduced by RBI to battle stress caused by second wave of Covid-19
In light of resurgence of Covid-19 pandemic in India, Reserve Bank of India (RBI), vide notifications dated May 5, 2021, has...
Banking & Finance | May 2021
Law & Policy Update | International Financial Services Centres Authority (Finance Company) Regulations, 2021
IFSCA has issued the IFSCA (Finance Company) Regulations, 2021 to provide a framework for finance companies in an IFSC in India.
Banking & Finance, Corporate & Commercial | Oct 2020
Understanding e-contracts
The term ’contract’ is defined under Section 2(h) of the Contract Act, 1872 (Contract Act) as an agreement enforceable by law....
Banking & Finance | Sep 2020
Impact of covid-19 on project finance and banking transactions
Industry has been struggling to cope with the ongoing economic slowdown despite fiscal, monetary and other support from the government. Reduced...
Banking & Finance | Feb 2020
Relaxation to NBFCs for taking action under the SARFAESI Act: Bane or Boon?
Section 2(m)(iv) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) empowers the...
Banking & Finance | Jan 2020
The evolving resolution of stressed assets
The banking sector has been under tremendous stress in the past few years due to the increasing number of non-performing assets...
Banking & Finance | Dec 2019
Cross-border loan financing – Q&A
Comfort letters are generally issued by the promoters of a borrower, or by parent companies in relation to a financial transaction...
Banking & Finance, Restructuring & Insolvency | Jun 2019
Lenders face a choice between debtor, guarantor
Guarantee as a form of collateral security is popular in financing deals as the liability of a guarantor and the principal...