In order to make more equity capital available for the road sector, in August this year, the Government of India allowed equity divestment up to 100% for all BOT projects...

Under the NBFC Refinancing Circular, such refinancing by NBFCs shall not be restructuring of the project loans provided that such loans have not been restructured in the past...

100% Foreign Direct Investment (FDI) under the automatic route is permitted in townships, housing, built-up infrastructure and construction-development projects to create employment opportunities, generate economic activity and supplement available housing stock and built-up infrastructure, circumscribed by certain limitations in respect of the minimum area required to be developed in the case of serviced housing plots and construction development projects and capitalization for FDI by wholly ow

By its circular No.DNBR.021/CGM (CDS) - 2015 dated 14 May 2015 (the "Circular"), the Reserve Bank of India ("RBI") has amended the Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions...

In light of Non-Banking Financial Companies (NBFCs) which are no longer engaged in the business of Non Banking Financial Institution (NBFI) continuing to hold the Certificate of Registration (CoR).

The Reserve Bank of India ("RBI") has vide its recent notification dated 4<SUP>th</SUP> November 2006 liberalized the External Commercial Borrowing (ECB) guidelines enabling corporates to now raise ECB for an additional USD 250 million

Infrastructure has been the highest capital receiver in 2021, and InvITs continue to be the most favoured investment vehicle for sponsors and global investors alike.

The Ministry of Finance ("MOF") has by a recent notification further liberalized the Scheme for Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism), 1993 ("Scheme") by permitting unlisted Indian companies, like those engaged in real estate business, to sponsor an issue of American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) with an overseas depository against shares held by its shareholders

Industry has been struggling to cope with the ongoing economic slowdown despite fiscal, monetary and other support from the government.

The unforeseen coronavirus pandemic as we all know has disrupted personal lives as well as businesses. The concern is not only limited to the meltdown...

An ECB refers to commercial loans [in the form of bank loans, buyers’ credit, suppliers’ credit, securitised instruments (e.g. floating rate notes and fixed rate bonds)] availed from non-resident lenders with minimum average maturity of 3 years.

The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Project Finance) Directions, 2025 ("New Directions"), which are set to come into force from October 01...

The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 (Guidelines) were enacted by the Reserve Bank of India (RBI) with effect from April 23, 2003 in exercise of the powers conferred by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Act).

The RBI ECB Circular provides for the three routes for raising borrowings from recognised non – resident entities.

In public-private partnership projects in India, financial closure indicates the commencement of the concession period.

India's roads literally keep the nation moving — but what keeps them moving? In this episode of the IndiaLaw LLP Podcast, host Shreya Kabra sits down with Ms. Uditi Singh...

The Indian shipping industry is headed for rapid growth in view of the impetus in growth of the Indian economy over the last few years. This has resulted in some of Government of India’s (GOI) existing policies in the shipbuilding industry gaining prominence, an example of which is the Subsidy Scheme introduced in 2003, under which a subsidy of 30% can be availed of by an Indian shipyard, when it constructs a vessel in India upon receiving a Domestic Order on Global Tender basis or upon receivin

The Reserve Bank of India (RBI), on June 2, 2016, issued circular no. DNBR.CC.PD.No. 082/03.10.001/2015-16, allowing Non-Banking Financial Companies to offer take-out financing to Infra Projects

The intersection of structured finance and insolvency law continues to generate significant judicial discourse, particularly on the question of when a financial creditor ceases to be a mere lender and becomes a related party of the corporate debtor. A recent ruling by the National Company Law Tribunal, New Delhi Bench, in Rishi Gupta and Anr. v. IDBI Trusteeship Services Ltd. and Ors. offers important clarity on this issue.