Banking and Finance
April 13, 2016

INDIA MOVES TO A UNIFIED PAYMENT INTERFACE REGIME

Introduction On April 11, 2016, the Reserve Bank of India (the “RBI”) flagged off the Unified Payment Interface (“UPI”) system,...

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Banking and Finance
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December 16, 2015

EXTERNAL COMMERCIAL BORROWINGS BY INDIAN COMPANIES MADE EASY

Introduction On November 30, 2015, the Reserve Bank of India (the “RBI”) revamped the regime governing external commercial borrowings (“ECBs”)...

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Banking and Finance, Corporate/M&A
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July 10, 2015

BORROWERS BEWARE – BANKS CAN NOW TAKE OVER COMPANIES TO RECOVER THEIR DEBT

Introduction To address various issues surrounding distressed assets in the banking system, on February 26, 2014, the Reserve Bank of...

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Banking and Finance, Insolvency and Restructuring
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