Home > Expertise > Practice Areas > Banking & Finance
OUR
PRACTICE
AZB’s Banking & Finance practice is an exemplar for ‘full service’. From domestic financing transactions and products (including promoter and acquisition finance, mezzanine finance, real estate finance, term and working capital loans, trade finance, project finance, etc.) to structured cross border debt transactions (acquisition and leveraged buy–outs, margin loans, foreign investment in debt instruments, external commercial borrowings), as well as syndicated loans and issuance of various kinds of debt instruments including structured bond issuances, the team is able to efficiently handle complex debt transactions with ease.
We regularly advise banks and financial institutions on regulatory mandates, and assist on interfacing with the RBI. Our associations with Mr. G. Padmanabhan (former ED, RBI) and Mr. Arijit Basu (former MD, SBI), benefits our partners and clients with superior insights into regulatory concerns and sector–specific commercial and business nuances.
Domain expertise and working across practice areas allows us to advise Indian public and private sector banks and financial institutions on strategic investments and mergers and acquisitions. Private equity, financial regulatory, capital markets and restructuring and insolvency fully arm the Firm to counsel borrowers, lenders, strategic debt investors and buyers in distressed debt and restructuring situations.
GET IN TOUCH
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Bahram N. Vakil
Co–Founder
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Anand Shah
Senior Partner
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Gautam Ganjawala
Senior Partner
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Nilang Desai
Senior Partner
Well–established group that advises domestic and international banks on a wide variety of work, including syndicated lending, ECB and corporate finance transactions. Go–to choice of counsel for key borrowers in the market and active on structured and project finance transactions as well as securitisation issues. Also handles a number of real estate financings. Additional expertise in handling corporate insolvency matters. Adept at advising energy companies on securing funding for renewable projects.
Chambers & Partners Asia–Pacific (2022) on our Banking & Finance TeamWHAT
WE DO
Combining strong legal grounding with sectoral know–how underpins a result–oriented, practical approach to tailored business advice. We insist on partner and senior level involvement to consistently ensure the quality and timeliness of the work product.
We take an active interest in facilitating collaborations where opportunities present themselves and update clients on regulatory changes that potentially impact their business or industry. We also hold bespoke teach–ins for clients, relevant to their business, commercial and legal needs.
RECENT WORK HIGHLIGHTS
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On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
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On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
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On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
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On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
-
On its (i) Partial guarantee facility program for Indian microfinance institutions (ii) Role as guarantor for Non-Convertible Debentures issued by Indian issuers
-
On (i) Several financing transactions, regulatory advice and enforcement situations (ii) Its sale of loan portfolios
-
On the restructuring of its investment in Utkarsh, an SFB
-
On its ECB transactions, escrow transactions and regulatory matters
-
On ECBs provided to various borrowers
-
On financing transactions including (i) The first secondary purchase of security receipts by an FPI (ii) Subscription to and exit from NCDs in SPVs
-
In relation to its real estate financing and acquisition financing transactions
-
On its (i) Debt transactions, including subscription of NCDs and External Commercial Borrowings (ii) Financing deals in South Asia (iii) Investment in financial institutions, such as Yes Bank and Bandhan Bank
-
On its (i) Real estate financing, structured finance and promoter financing transactions (ii) Public issuances of NCDs
-
On market linked debentures, real estate financing and promoter financing transactions by its NBFCs and FPI entities
-
On its issuance of NCDs, one of the largest issuances by a top Indian conglomerate during the COVID-19 pandemic
-
On its financing platforms, ECB transactions, multi-jurisdictional transactions and regulatory matters
-
On ECBs provided to various borrowers
-
One of the world’s largest private investors (AUM c. USD 475 billion) on one of their biggest India debt investments in Indiabulls Housing Finance, with a multi–security structure and complex collateralisation arrangements
-
On its (i) Real estate financing and structured finance transactions (ii) Public issuance of listed NCDs
-
On its complex, multi–jurisdictional structured finance lending to the Essar Group, including refinancing and restructuring elements
