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On 15 September 2025, the Reserve Bank of India (RBI) issued the Reserve Bank of India (Regulation of Payment Aggregators) Directions, 2025 (PA Directions), which was made effective immediately.

The concept of Social Stock exchange developed on the premise that the development of the social sector would have a positive impact on the economic development of India.

Amid a broader market downturn in recent months, small cap stocks have shown surprising strength. This performance runs contrary to usual expectations of sharper drawdowns in small cap stocks...

This Newsletter sets out some of the key legislative and regulatory updates in the banking and finance, capital markets and insolvency space for the months of May and June 2024.

Whether you are a domestic promoter, a foreign sponsor, a family office, or a global asset manager seeking to tap India’s growth story, understanding the fund formation architecture is essential to structuring a compliant, tax-efficient, and commercially robust vehicle.

Banks and other financial institutions have always been at the forefront of technology usage for their business purposes. This is usually driven by the need to cut costs, make more profits...