India: Debt Capital Markets

However, if there is a first charge statutorily created, dehors the non obstante clause conferring priority over other debts, the statutory charge would prevail

SEBI by way of Circular No. HO/17/11/24(1)2025-DDHS POD1/I/491/2025 dated 18.12.2025 ("NCS Circular") , has modified the conditions for reduction in denomination of debt securities to include zero coupon debt securities.

GIFT City (Gujarat International Finance Tec-City) has matured from a bold idea into India's functioning International Financial Services Centre (IFSC).

The Securities and Exchange Board of India (SEBI) vide its circular no. CIR. /IMD/DF/22/2011 - Public issue of Debt Securities- Prohibition on payment of incentives dated 26 December 2011 (Circular) prohibited payment of incentives by a person connected with a public issue of debt securities to a potential investor for making an application for allotment of specified securities

India's innovation landscape is undergoing a profound transformation from software led growth to a new frontier defined by rockets, satellites, and deep-tech entrepreneurship.

The Reserve Bank of India ("RBI") has released draft amendments to the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 ("Draft ECB Amendment Regulations").

The dishonour of cheques has long posed significant challenges in commercial transactions, raising questions of both civil and criminal liability.

Given the conservative nature of the Indian Banking Sector, Indian banks have been and still are prohibited from directly financing mergers and acquisitions ("M&As")...

In the dynamic start-up landscapes of Southeast Asia (SEA) and India, convertible notes have become a favoured tool for initial fundraising efforts.