Banking and Finance

Financial sector regulation in India is directive driven and revised continuously, and the perimeter question of whether an activity is regulated at all is often the first one a business needs answered. We advise on that perimeter and on the documentation that sits inside it.

WHAT WE DO
• NBFC scale based regulation and licensing perimeter analysis
• Digital lending guidelines, outsourcing directions and FLDG arrangements
• Payment aggregator, gateway and prepaid instrument requirements
• Account aggregator and co-lending structures
• Credit information obligations under CICRA, 2005
• Facility documentation, security creation and perfection
• FEMA reporting including FC-GPR, FC-TRS, FLA and ECB returns
• SEBI listing and disclosure obligations for listed group entities
• Section 138 Negotiable Instruments Act proceedings
• SARFAESI and DRT recovery process

HOW THE WORK IS ORGANISED
Regulated activity perimeter · Lending and security · Foreign exchange reporting · Recovery and enforcement

KEY INSTRUMENTS
Banking Regulation Act, 1949 · PSS Act, 2007 · FEMA, 1999 · NDI Rules, 2019 · SARFAESI Act, 2002 · Negotiable Instruments Act, 1881

FEES
Fixed fee for defined scopes, retainer arrangements for ongoing volume, and time based billing where scope cannot be fixed in advance. The basis is agreed in writing before work begins and discussed at first contact.