Leading Individuals

Banking and finance in India

Agrud Partners

The banking and finance team at Agrud Partners regularly assists domestic financial institutions with negotiating and structuring transactions. The practice is led by Sajid Mohamed, who has assisted PSB Alliance Pvt. Ltd in developing legal frameworks to foster customer-centric banking solutions. Sumit Raghani is another key member of the team.

Practice head(s):

Sajid Mohamed; Sumit Raghani

Key clients

PSB Alliance Pvt. Ltd

Bank of India

Bank of India

Bank of Baroda (formerly Dena Bank)

Central Bank of India

Punjab & Sind Bank

Work highlights

  • Advised PSB Alliance Pvt. Ltd. on navigating the intricacies of its operations and ensuring compliance with relevant laws and regulations.
  • Assisted the Bank of India with end-to-end core banking outsourcing contract drafting and contract negotiations.
  • Assisted Punjab & Sind Bank with end-to-end core banking outsourcing contract drafting and negotiations.

Argus Partners

Primarily based in Mumbai, the banking and finance practice at Argus Partners is particularly known for its sector-dedicated lawyers and ability to handle complex transactions. Key industries covered include real estate, renewable energy and infrastructure. Practice head Krishnava Dutt recently led the team in a standout highlight where the firm was counsel to HDFC Limited in its merger with HDFC Bank. Prakash Panjabi is regarded as one of the market’s leading practitioners in structured and asset finance and disbursement of credit facilities. Aastha is another key team member.

Practice head(s):

Krishnava Dutt; Prakash Panjabi; Aastha


‘The team is experienced, commercial and solutions-focused.’


Key clients

HDFC Limited

Ares SSG Capital

HDFC Capital Affordable Real Estate Fund – III

Aditya Birla Finance Limited

India Resurgence Fund

Citibank NA


Altico Capital


Standard Chartered Bank

Assets Care and Reconstruction Enterprise Limited


Nisus Finance

BPEA Credit

ICICI Bank Limited

State Bank of India

Piramal Capital

IDBI Bank Limited

Bank of Baroda

Union Bank of India

Central Bank of India

Work highlights

  • Advised HDFC Limited on its proposed merger with HDFC Bank, valued at approximately $60bn.
  • Advised Assets Care and Reconstruction Enterprise on securing stressed loan portfolios worth $144.5m from HDFC Limited.
  • Advised Polygenta Technologies Limited on Indian law aspects on the external commercial borrowing amounting to approximately $32.5m raised from DEG – German Investment and Development Company mbH and Danish development financier IFU.

Bombay Law Chambers

Bombay Law Chambers’ banking and finance practice covers both transactional and regulatory matters. In addition to advising on investment transactions, the practice also assists with credit funding matters. Karan Kalra, Dipanshu Singhal and Abhinav Harlalka, known for advising corporate clients and funding companies in finance transactions, jointly head the practice. Parag Srivastava is the other name of note.

Practice head(s):

Karan Kalra; Dipanshu Singhal; Abhinav Harlalka; Parag Srivastava

Key clients

Trifecta Venture Debt Fund II and Trifecta Venture Debt Fund III

Innoven Capital India Fund

Alteria Capital India Fund – I and Alteria Capital Fund II – Scheme I

Blacksoil India Credit Fund and Blacksoil Capital Private Limited

GMO-Z.com Payment Gateway India Credit Fund -1

ESDS Software Solutions Private Limited

N+1 Capital

InCred Capital

MIB Securities India Private Ltd

ICICI Ventures

Work highlights

  • Advised Trifecta Venture Debt Fund II/Trifecta Venture Debt Fund III on their investment in Cashfree Payments India Private Limited, valuing ₹160cr.
  • Advised Alteria Capital Fund II – Scheme I on their investment in Cogoport Private Limited.
  • Advised Tirupati Buildings and Offices Private Limited on loan matter in the form of debentures by Avenue Capital, valuing ₹235cr (NCDs).


SNG & PARTNERS‘ banking and finance team is known for its skill in handling domestic and cross-border financing transactions for a plethora of clients, including domestic and international banks and NBFCs. Rajesh Narain Gupta regularly represents clients in transactional and litigation matters and jointly heads the team with Amit Aggarwal, who excels in the full range of debt transactions. Anju Gandhi is a commercial borrowings and institutional loans expert, while Aditya Vikram Dua focuses on real estate and acquisition financing.

Practice head(s):

Rajesh Narain Gupta; Amit Aggarwal; Anju Gandhi

Other key lawyers:

Aditya Vikram Dua

Key clients

ICICI Bank Limited

Standard Chartered Bank

IDBI Trusteeship Services Limited

ICICI Home Finance Company Limited

CSB Bank Limited

Adhikaansh Realtors Private Limited

HDFC Capital Advisors Limited

Piramal Enterprises Limited

National E-Governance Services Ltd

Accretive Cleantech Finance Private Limited

Shapoorji Pallonji Finance Private Limited

Emirates NBD Bank (P.J.S.C)

IndusInd Bank Limited

Unity Small Finance Bank Limited

The Hongkong and Shanghai Banking Corporation Limited

Piramal Capital & Housing Finance Limited

IIFL Finance Limited

State Bank of India, Yes Bank Limited, Standard Chartered Bank, and ICICI Bank Limited

Standard Chartered Bank and The Hongkong and Shanghai Banking Corporation Limited

Standard Chartered Bank, The Hongkong and Shanghai Banking Corporation Limited and Axis Bank Limited

ICICI Prudential Asset Management Company Limited and IDBI Trusteeship Services Limited

Work highlights

  • Advised ICICI Bank and Axis Trustee Services on issuance of non-convertible debentures by DLF Cyber City Developers.
  • Assisted Standard Chartered Bank and Axis Trustee Services Limited with the issuance of secured, rated, listed, redeemable non-convertible debentures by DLF Cyber City Developers Limited.
  • Advised ICICI Home Finance on ₹30cr term loan to Svamitva Landmarks.

Acuity Law

Under the headship of Souvik Ganguly, the practice at Acuity Law team serves a varied client base from information technology, hospitality, advertising and media sectors. The team often handles matters concerning M&A, insolvency & restructuring and venture capital funding.

Practice head(s):

Souvik Ganguly