Akil Hirani featured on moneycontrol.com on the RBI’s circular on evergreening of loans

by | Jan 10, 2024

Akil Hirani, Managing Partner and Head of Transactions, has authored a critique on the Reserve Bank of India’s recent circular that restricts banks and NBFCs from making investments in Alternative Investment Funds who, in turn, have investments in companies in which banks and NBFCs have or had, during the preceding 12 months, a loan or investment exposure. This was published on moneycontrol.com.

Please click here to read the full article.

More News

Chambers and Partners 2025 Rankings

Dec 19, 2024

We are pleased to be ranked for multiple practice areas by Chambers and Partners in their 2025 APAC rankings once more. Akil Hirani, Rukshad Davar and Ravi S. Raghavan have also been recognized for their legal excellence. Congratulations to them all. Firm Rankings...

read more

IFLR 1000 2024 rankings

Nov 18, 2024

Majmudar & Partners has been ranked by IFLR1000 across multiple practice areas. Our partners Akil Hirani and Rukshad Davar have been recognized as highly regarded lawyers in Banking, M&A, and Real Estate Acquisitions.  The IFLR1000 2024 rankings have been...

read more

FPI update

Nov 18, 2024

The Reserve Bank of India has recently notified that shares held by foreign portfolio investors (FPIs) in listed Indian companies in excess of the 10% investment cap will either have to be divested or reclassified as foreign direct investment (FDI). Moreover, on...

read more

Legal Era 2024-25 rankings

Nov 8, 2024

We are pleased to share that Akil Hirani, Managing Partner and Head of Transactions, Rukshad Davar, Partner and Head - M&A Practice Group, and Ravi S. Raghavan, Partner - Tax and Private Client Group, have been recognized as leading lawyers by Legal Era in their...

read more