The banking and finance sector is the nervous system connecting the global economy, enabling business and commerce in every corner of the world. The Indian banking industry has played a central part in the country’s economic development, as well as being a large employer. After the commercial banking sector was nationalised in 1969, the industry remained largely under government control. By 1980, the Government of India controlled 91% of the banking business in India. It was only in the early 1990s that the government embarked on a policy of liberalisation. According to the RBI, in the fiscal year of 2020, the total assets across India’s banking sector (including public, private and foreign banks) increased to US $2.52 trillion.
Aarna Law has established an extensive repertoire in the finance industry, having worked with Banks, Financial Institutions, Resolution professionals and Non-Banking Financial Companies. We also represent clients seeking relief as creditors or debtors when faced with legal problems related to bankruptcy and insolvency.
We also have a dedicated Team who specialise in Insolvency Matters.
Our considerable experience in Banking and Finance laws have enabled us to assist our clients in a wide range of legal issues-