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In this article, we discuss the various aspects of peer-to peer lending ("P2P Lending") business in India and the things that should be kept in perspective before engaging in P2P Lending.

In a recent judgment delivered by the Supreme Court of India ("Court") in Laxmi Pat Surana vs. Union Bank of India & Anr., the Court has held that the principal borrower need not be a...

The directions are slated to be effective 3rd January, 2022.

On December 13, 2024, the Ministry of Finance introduced the Banning of Unregulated Lending Activities (Draft) Bill ("Bill").

Benchmark simply means a point of reference or a threshold against which things are compared. Things are evaluated in light of such 'benchmark'.

In the landmark case decided by the Division Bench of the Supreme Court of India, the principle that the Limitation Act bars the remedy but does not extinguish...

NPCI is the umbrella body for all payment systems in India, which makes digital transactions as effortless as sending a text message.

Recent changes in investment laws have been made by the Securities and Exchange Board of India, which regulates capital markets, in order to incentivise foreign portfolio investors to increase their investments in India.

The Government of Karnataka notified the Karnataka Tax on Professions, Trades, Callings and Employments (Amendment) Act, 2023 in the Official Gazette on 14 March 2023, pursuant to the Governor's assent to the same on 13 March 2023.

On September 15, 2022, pursuant to a complaint filed by Tamara Technologies Pvt. Ltd. (‘Informant') and the DG's investigation in consequence thereof, the CCI dismissed allegations...

The case originated from a complaint filed by "Awaz," a voluntary consumer association, alleging that banks charged exorbitant interest rates of 36% to 49% per annum on delayed payments by credit card holders.

In reference to its earlier circular dated March 27, 2020 and April 17, 2020, the Reserve Bank of India has announced further regulatory measures in the light of economic disruptions caused due to COVID 19 vide circular dated May 23, 2020.

The RBI as part of its Statement of Development and Regulatory Policies released on 27 March 2020 announced a slew of measures to safeguard the Indian economy from the shocks of the COVID-19 pandemic.

The Micro, Small and Medium Enterprises (MSME) in India constitute over 90% of India's total enterprises. According to statistics, the MSME's contribute towards approximately 40% of total exports...

Earlier this year, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, in her budget speech announced the intent to simplify the regulatory framework governing...

In the July edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, banking and finance, corporate affairs, labour and consumer affairs.

The article discusses the Reserve Bank of India's (RBI) revised guidelines for the private placement of Non-Convertible Debentures (NCDs) with a maturity period of more than one year by Housing Finance Companies (HFCs).