India: Capital Adequacy/BASEL

The Reserve Bank of India has introduced a dedicated regulatory framework for resolving loan accounts of borrowers affected by natural calamities and certain external disruptions.

Between January and April 2026, the Securities and Exchange Board of India ("SEBI") pushed through a dense cluster of circulars and regulatory amendments – touching everything from merchant banker registration to the way retail investors receive an abridged prospectus. Some of these changes were long overdue; others were triggered by market stress. All of them, taken together, amount to a fairly significant recalibration of how India's capital markets participants will need to conduct themselves going forwa

The Indian corporate financing landscape has evolved significantly, with companies increasingly exploring alternatives to traditional bank funding and equity dilution. One such sophisticated instrument is the issuance of listed Non-Convertible Debentures (NCDs), which allows companies to raise debt capital from institutional investors while maintaining ownership control.

On 20 August 2025, the Reserve Bank of India (RBI) issued a draft circular inviting public comments on the subject "Counterparty Credit Risk: Add-on factors for computation...

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.

In a significant update, the Reserve Bank of India ("RBI") released the Reserve Bank of India Master Directions on Prepaid Payment Instruments, 2021 ("PPI Regulations") in August, 2021.

The Supreme Court of India (SC) in Orator Marketing Private Limited v Samtex Desinz Private Limited, Civil Appeal No. 2231 of 2021, judgment dated 26th July 2021 has held that an interest free...

The DRI, which functions under the Central Board of Indirect Tax and Customs (Ministry of Finance, Department of Revenue), is an anti-smuggling intelligence, investigation, and operations agency of India.