India: Finance and Banking

Between January and April 2026, the Securities and Exchange Board of India ("SEBI") pushed through a dense cluster of circulars and regulatory amendments – touching everything from merchant banker registration to the way retail investors receive an abridged prospectus. Some of these changes were long overdue; others were triggered by market stress. All of them, taken together, amount to a fairly significant recalibration of how India's capital markets participants will need to conduct themselves going forwa

The Indian corporate financing landscape has evolved significantly, with companies increasingly exploring alternatives to traditional bank funding and equity dilution. One such sophisticated instrument is the issuance of listed Non-Convertible Debentures (NCDs), which allows companies to raise debt capital from institutional investors while maintaining ownership control.

A well drafted partnership deed is the backbone of any partnership firm. While many businesses focus on starting operations quickly, the real legal protection lies in defining the relationship...

Entries in books carry significant legal consequences. They may corroborate a debt, revive a time-barred claim, or materially impact litigation strategy years later.

The Supreme Court of India recently addressed a critical conflict between statutory debt recovery under the SARFAESI Act and the educational welfare of students enrolled in a defaulting institution.

India's External Commercial Borrowing regulations have undergone significant amendments effective February 16, 2026, introducing substantial changes to pricing caps, end-use restrictions, and borrowing limits.

The National Company Law Appellate Tribunal delivered a landmark ruling on whether credit facilities restructured under RBI guidelines retain their secured status during liquidation proceedings without corresponding modification of charge registration. The judgment addresses the complex interplay between corporate debt restructuring, charge registration requirements under company law, and the insolvency resolution framework, establishing critical precedents for consortium lending practices.

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in.

The Mutual Funds Regulations 2026 of SEBI together with the new expense ratio framework will establish new methods for Indian mutual funds to charge investors and disclose their expenses...

India’s Real Estate Investment Trust (REIT) regime has witnessed significant regulatory evolution in recent years, driven by the need to enhance governance standards, strengthen investor protection, and align with global best practices.

There is one important question: can a stock exchange freeze a company's demat account after insolvency proceedings have started?

India’s fund management industry has traditionally operated on two distinct regulatory tracks. Mutual funds are regulated as retail pooled investment products under the SEBI mutual fund framework. Alternative investment funds, on the other hand, are regulated under the SEBI ...