India: Finance and Banking

In recent years, India has been steadily reshaping its financial regulatory landscape in banking, debt markets, overseas investment, digital finance and asset recovery.

The Indian financial system is anchored by two major intermediaries: traditional banks and Non-Banking Financial Companies (NBFCs). While banks operate under the Banking Regulation Act, 1949, NBFCs are companies registered under the Companies Act, 1956, which primarily engage in lending, investments, and other financial services which are governed by Chapter III B of the Reserve Bank of India Act, 1934.

Securities Exchange Board of India ("SEBI") issued a circular "Safer participation of retail investors in algorithmic trading" dated February 04, 2025, which aimed at ensuring safer participation of retail investors...

The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015 provides for 17 (seventeen) Sustainable Development Goals ("SDGs"). The SDGs emphasise the close links among the Environmental, Social, and Economic ("ESG") aspects of sustainable development.

The Securities and Exchange Board of India ("SEBI") issued a Circular No. SEBI/HO/MRD/PODIII/CIR/P/2025/112 dated 05.08.2025 ("MIIs Circular")...

The Supreme Court's recent judgment in Shri Shri Swami Samarth Construction & Finance Solution v. Board of Directors, NKGSB Co-operative Bank Ltd. has quietly re-calibrated the balance between special insolvency measures...

Twice a year, India’s Ministry of Commerce and Industry consolidates and updates the country’s foreign direct investment ("FDI") policy framework.

In July 2011 the Competition Commission of India ("CCI") published its first decision giving its clearance to a notified transaction.

In November 2008, Deutsche Börse AG and the Bombay Stock Exchange (BSE) concluded a cooperation agreement in which both partners agreed to simplify access to their stock exchanges for companies in their respective markets.

The Securities and Exchange Board of India ("SEBI") issued a Circular No. SEBI/HO/MRD/PODIII/CIR/P/2025/112 dated 05.08.2025 ("MIIs Circular")...

The Government of Maharashtra, vide notification dated August 04, 2025, has released the details of minimum wages applicable to employees working in Shops and Commercial Establishments...

On May 27, 2025, the Department of Land Resources under the Ministry of Rural Development invited suggestions and comments on the draft Registration Bill, 2025 ("Bill").