With a focus ranging from acquisition finance, leveraged finance and margin loans, and structured debt and private credit to regulatory capital and advisory and real estate investment, Shardul Amarchand Mangaldas & Co‘s banking and finance practice has one of the largest teams in the market. Representing leading multinational banks, debt investors and financial institutions, the team is experienced in lending, special situations, distressed debt matters, cross-border mandates, derivatives and financial regulation issues. Leading the team is Shilpa Mankar Ahluwalia, a fintech and product structuring specialist, and Veena Sivaramakrishnan, an expert in insolvency, financial regulatory matters, securitisation and private credit. Shubhangi Garg is another key team member who specialises in DCM, structured finance and fintech. Nishant Singh joined in April 2025 from Luthra and Luthra Law Offices India.
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Key clients
- International Finance Corporation (“IFC”), MUFG Bank Limited (“MUFG”) and State Bank of India (“SBI”)
- DBS Bank India Limited, DBS Bank Ltd.
- Bajaj Housing Finance Limited (“Bajaj”)
- Mindspace Business Parks REIT
- BNP Paribas
- 8 subsidiaries of Continuum Group ("Continuum Green Energy Group")
- Paul Merchants Finance Private Limited, Paul Merchants Limited and their promoters
- Agratas Energy Storage Solutions Private Limited
- Fractal Analytics Limited
- Jungle Ventures Pte. Ltd.
- Tata Motors Limited
Work highlights
Advised Edelweiss on the recent financing to the Shapoorji Pallonji group in May 2025, which is slated as the largest private credit deal in the country.
Advising Yes bank on the write-off of AT 1 bonds, which is slated to rewrite the history of regulatory capital instruments in the world.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Shubhangi Garg
Shilpa Mankar Ahluwalia
Nishant Singh
Veena Sivaramakrishnan
Practice head
Shilpa Mankar Ahluwalia; Veena Sivaramakrishnan
Other key lawyers
Shardul S. Shroff; Shubhangi Garg; Nishant Singh
Comparative Guides
Comparative Guide
Litigation
India
Shally Bhasin, Mr. Prateek Gupta, Mr. Udbhav Nanda & Parv Kaushik
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Fintech
India
Shilpa Mankar Ahluwalia, Himanshu Malhotra & Purva Anand
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Corporate Governance
India
Radhika M. Dudhat, Priyanka Sheth & Dhwani Baxi
Comparative Guide
Corporate Governance
India
Radhika M. Dudhat, Priyanka Sheth & Dhwani Baxi