Tag: Banking and finance

Singapore-headquartered law firm Helmsman has established new practice groups – commercial disputes, employment, and corporate, banking and finance

The Reserve Bank of India (RBI) has announced an extensive mechanism to accelerate cross-border trade settlements in Indian rupees (INR) in a move to bolster trade in the Indian currency

In a move that aligns with global climate risk mitigation, the RBI has asked banks in the country to promote sustainable financial management and embed ESG policies across their lending portfolio

The Reserve Bank of India (RBI) issued notifications covering a range of foreign investment options to increase foreign exchange inflows in response to a weakening rupee and a tightening of global financial conditions

The Finance Act 2022 has inserted a new section in the Income-tax Act, 1961, under which a person responsible for paying to any resident for the transfer of a virtual digital assets (VDAs) will be able to deduct 1% of the paid amount from his or her income tax

The Reserve Bank of India (RBI) has extended the deadline for card-on-file (CoF) tokenisation from 30 June to 30 September 2022, citing implementation issues highlighted by merchants

The Rural Electrification Corporation (REC) and the Indian Renewable Energy Development Agency (IREDA) became the new lenders in the refinancing of wind turbine

Jindal Steel & Power’s subsidiary, Jindal Steel Odisha, has secured a loan from the State Bank of India (SBI) for INR157.27 billion (USD1.99 billion)

Hylands has appointed Tian Dapeng, Yin Yue, Cai Yuee, Lu Bing and Wang Yuan as partners at the firm’s Beijing headquarters

Two Indonesian law firms William & Hendrik and Siregar & Djojonegoro have merged into William Hendrik & Siregar Djojonegoro (WH&SD)

Phuong Tran has joined Allen & Gledhill as a partner in Ho Chi Minh City