Entries by Staff

Economic Survey 2026: Key Insights on Infrastructure Financing

January 31, 2026 /0 Comments/in /by

Simrat Singh | finserv@vinodkothari.com This year’s Economic Survey focuses less on the expansion of credit and more on the quality and sustainability of credit. In infrastructure financing for instance, the Survey notes that the emphasis shifts from the sheer scale of investment to project quality and risk allocation. In this short note, we explore major […]

Microfinance and NBFC-MFIs in Economic Survey 2026

January 31, 2026 /0 Comments/in , , , /by

Simrat Singh | finserv@vinodkothari.com The Economic Survey 2026 takes an honest view of India’s microfinance sector. Rather than celebrating credit growth alone, it frames microfinance as a household balance-sheet business, where the real test of success is whether borrowing improves stability and resilience at the last mile or not. NBFC-MFIs, as the primary delivery channel, […]

RBI Integrated Ombudsman Scheme 2026 – Key Changes

January 17, 2026 /0 Comments/in , , /by

– Chirag Agarwal & Siddharth Pandey | finserv@vinodkothari.com Background  The framework for Integrated Ombudsman Scheme (IOS) constitutes a cornerstone of the RBI’s customer protection and grievance redressal mechanism across the financial sector. With the objective of providing customers a single, unified and accessible platform for redressal of complaints against Regulated Entities, the RBI introduced the […]

From Capital Assets to Stock-in-Trade: Taxing “Notional” Gains in Amalgamations

January 14, 2026 /0 Comments/in , , , , /by

Decoding Supreme Court ruling in Jindal Equipment Leasing Consultancy Services Ltd. v. Commissioner of Income Tax Delhi-II, New Delhi – Sourish Kundu | corplaw@vinodkothari.com One of the most common modes of corporate restructuring is merger, and one of the most crucial aspects in assessing the commercial viability of a proposed merger is its tax implications. […]

Related Party Lending: RBI rules for foreign banks

January 7, 2026 /1 Comment/in /by

– Aparajita Das, Executive | corplaw@vinodkothari.com The recently issued RBI (Commercial Banks – Credit Risk Management) Amendment Directions, 2026 has revised and consolidated the regulatory framework governing lending to related parties. The revised framework strengthens governance standards, expands the scope of “related parties”, and introduces enhanced approval, monitoring, and disclosure requirements. The amendments have been […]