India: Finance and Banking

In July 2026, reports emerged that the Reserve Bank of India (RBI) is set to introduce standardised guidelines for property title searches that banks must perform before approving secured loans. The proposed framework is expected to specify a minimum period for title searches, identify essential documents and records to be verified, and outline uniform standards for preparing title search reports. If implemented, it will be the first time India’s banking regulator applies a uniform minimum standard for title due diligence across all scheduled commercial banks.

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.

A decade after the landmark AWAS ruling clarified aircraft deregistration rights under the Cape Town Convention, India has enacted the Aircraft Objects Act 2025. This analysis examines how the Delhi High Court's interpretation of IDERA mechanisms and creditor protections shaped India's aviation financing regime, particularly in light of the Go First insolvency crisis that exposed gaps between international treaty obligations and domestic insolvency law.