Financial Services
INDUSLAW's
financial services team has experience advising brokers, commercial
banks, payment banks, e-payment platforms, non-banking financial corporations (NBFCs),
insurance companies, pension funds and mutual funds on a range of services and
products available to corporate, retail and institutional customers in the
Indian market.
In particular, our team advises clients on:
In particular, our team advises clients on:
- Setting up business for various fintech innovators in developing and adopting products and services such as e-payment platforms, digital banking and peer-to-peer lending
- Mergers and acquisitions of financial institutions and NBFC's collaborating with technology companies in India and overseas
- The regulatory environment governing foreign currency flows into and out of India
- Foreign portfolio investment (FPIs) and FPI registration
- Regulatory frameworks governing deposit taking agencies
- Future Basel III requirements for maintaining capital adequacy
- Consumer protection
- SEBI regulations in relation to exchange traded instruments
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publications
Technology, Media & TelecommunicationsFinancial Services & Banking & Finance
FROM BUCKS TO BITCOINS – ENFORCEMENT OF...
It was circa 1955 when computer was used for the very first time in India and it was circa 1995 that internet services were first...
Financial ServicesGovernment & Regulatory & Banking & Finance
DIGITAL WALLETS IN INDIA- A BRIEF ASSESSMENT...
The Reserve Bank of India ("RBI") has classified digital wallets as "Prepaid Payment Instruments" (hereinafter "PPI" or "Issuer") which refers to payment instruments that facilitate...
Financial Services & Government & Regulatory
HIGH DENOMINATION NOTES: GOVERNMENT ACTION MIRRORS INDUSLAW...
The Government of India took unprecedented action at midnight on November 8, 2016 to effectively demonetize Rs. 500 and Rs. 1,000 notes (together "High Denomination...
Financial ServicesGovernment & Regulatory & Banking & Finance
SPECIAL MEASURES TO INCENTIVISE ELECTRONIC PAYMENTS
The Reserve Bank of India (the “RBIâ€Â) has issued a circular to address the special circumstances that have emerged after the demonetization drive (the “Circularâ€Â).
Financial Services & Government & Regulatory
MASTER DIRECTIONS ON THE ISSUANCE AND OPERATION...
For over a decade now, Indian banks and non-bank entities have been issuing prepaid payment instruments ('PPIs') after obtaining necessary approvals from the Reserve Bank...
Technology, Media & TelecommunicationsFinancial ServicesGovernment & Regulatory & Banking & Finance
RBI DIRECTIONS ON PEER TO PEER LENDING...
The Reserve Bank of India (the 'RBI') has published responses to frequently asked questions ('FAQs') regarding the Master Directions ' Non-Banking Financial Company ' Peer...
Financial Services & Government & Regulatory
THE UNREGULATED DEPOSITS SCHEMES BILL, 2018
In March 2018, the Union Cabinet approved the introduction of the Banning of Unregulated Deposit Schemes Bill, 2018 (the 'Bill') and on 18 June 2018,...
Financial ServicesGovernment & Regulatory & Technology, Media & Telecommunications
RBI GUIDELINES FOR THE INTEROPERABILITY OF PREPAID...
On October 16, 2018, the RBI issued guidelines for the interoperability of know-your-customer compliant prepaid payment instruments, which were widely anticipated ever since the RBI...
Financial ServicesGovernment & Regulatory & Technology, Media & Telecommunications
E-RUPI AND ITS BENEFITS FOR THE DIGITAL...
The Government of India has recently launched 'e-RUPI', a new digital payment solution built on the UPI system. INDUSLAW's Namita Viswanath, Shreya Suri,...
Financial Services
FINTECH NEWSLETTER: RECENT LEGAL DEVELOPMENTS AND MARKET...
The second quarter of the year 2022 has witnessed the announcement of several key initiatives and regulatory changes by the RBI; some of which have...
