Entries by Team Corplaw

State of Climate Finance: Domestic Resources Insufficient to Bridge Funding Gaps 

Economic Survey 2025-26 highlights the position of climate finance in India and developing countries  Anushka Ganguly, Executive | corplaw@vinodkothari.com The relevance of climate finance in climate action cannot be undermined, since climate change mitigation and adaptation require large-scale mobilisation of financial resources. The Economic Survey 2025-26, tabled in Parliament by Union Finance Minister Nirmala Sitharaman […]

New Commercial Bank Regulations: A ready reckoner guide

– Team Corplaw | corplaw@vinodkothari.com Under the consolidation exercise, more than 9,000 circulars and directions, issued up to October 9, 2025 have now been streamlined into 238 Master Directions, drafts for which were notified on October 10, 2025, covering 11 categories of regulated entities across 30 functional areas. From November 28, 2025, all RBI-regulated entities […]

Failure to disclose price sensitive information: SC upholds penalties

– Team Corplaw | corplaw@vinodkothari.com When it comes to insider trading regulation breaches, it is the adverse headline value which is far more punitive than the amount of penalties.  Bhagavad Gita says: अकीर्तिं चापि भूतानि कथयिष्यन्ति तेऽव्ययाम् | सम्भावितस्य चाकीर्ति र्मरणादतिरिच्यते  2/34 Reputation damage (अकीर्तिं ) for reputed people (सम्भावित ) is worse than death. […]

Social spending for social companies: The paradox of CSR spend for not-for-profit companies

Ankit Singh Mehar, Assistant Manager | corplaw@vinodkothari.com Statutory provisions for mandatory CSR spending envisage that companies go out of their business models, and “give back to the society” at least to the extent of 2% of their net profits. The underlying principle is that before the profits are distributed to the stakeholders, companies should contribute […]

Disclosure of ESG ratings – automated or still needs manual disclosure?

Ankit Singh Mehar, Assistant Manager | corplaw@vinodkothari.com Background Pursuant to the recommendations of the Expert Committee and as discussed in the SEBI Board meeting held on Sep 30, 2024 and outlined in SEBI Circular dated December 31, 2024, stock exchanges (‘SEs) were mandated to specify the process and timelines for system-driven disclosure (‘SDD’) for any […]

SWAGAT to foreign branches or offices in India: RBI proposes draft regulations on such establishments

– Team Corplaw | Corplaw@vinodkothari.com As a part of its efforts to rationalise the regulations for establishment of a place of business in India by overseas entities[1], RBI has issued Draft Foreign Exchange Management (Establishment in India of a branch or office) Regulations, 2025. The proposals primarily aim to enable delegation of more powers to […]

Demystifying Structured Debt Securities: Beyond Plain Vanilla Bonds

Palak Jaiswani, Manager | corplaw@vinodkothari.com Debentures, one of the most common means for raising debt funding, where investors lend money to the issuer in return for periodic interest and repayment of principal at maturity. While the basic feature of any debenture is a fixed coupon rate and a defined tenure (commonly referred to as plain […]

ECBs become Easy: RBI liberalises norms for external commercial borrowings

– Vinita Nair, Joint Managing Partner and Heta Mehta, Senior Executive | corplaw@vinodkothari.com Updated as on 19th February, 2026 Permits acquisition finance, enhances limits to 3x of net worth, removes cost ceilings, all PROIs become eligible lenders and many more. RBI significantly relaxed the framework for External Commercial Borrowings (ECBs) effective February 16, 2026,  permitting […]