India: Capital Adequacy/BASEL

The Reserve Bank of India’s Scale Based Regulation (“SBR”) framework has fundamentally changed the way India regulates its largest non-banking financial companies (“NBFCs”). What began in 2021 as a framework built around size, complexity, interconnectedness, and systemic importance has evolved into a substantially more predictable regime following the RBI’s June 2026 amendments.

The Reserve Bank of India has introduced a new classification system for Non-Banking Financial Companies, fundamentally changing registration requirements based on public funding access, customer interface, and asset size thresholds. These regulatory changes create distinct compliance pathways for different NBFC categories while introducing new rules for group entities and overseas investments.

The RBI has issued the RBI (Commercial Banks – Asset Classification, Provisioning and Income Recognition) Directions 2026 (‘Directions’) to commercial banks, corresponding new banks, and the State Bank of India (‘SBI’) ...

The Reserve Bank of India (Universal Banks - Licensing) Guidelines, 2025 ("Guidelines") represent a significant update to India's banking licensing system regime.

The Reserve Bank of India's ("RBI") Commercial Banks – Governance Directions, 2025 ("Directions") mark a decisive shift in how Indian banks are expected...

The Reserve Bank of India (RBI), through Circular No. RBI/DOR/2025-26/144 dated November 28, 2025, has issued a significantly updated framework governing the establishment and operation of Wholly Owned Subsidiaries (WOS) by foreign banks in India.

The Reserve Bank of India (RBI) published the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions 2023 (SBR Master Directions) on 19 October 2023.

In an important development, International Financial Services Centres Authority (IFSCA) has issued the framework for undertaking ship leasing business in the IFSCA (Framework).

The concept of contract of guarantee revolves around the principle that a Personal guarantor shall perform the promise or discharge the liability of the principal debtor towards a creditor, in the event, ...