News & Media 28th Dec 2023

India’s Crackdown on Financial Risks Puts Industry on Watch

Authors

Vinod JosephPartner | Mumbai

Latest Thought Leadership

Investment Funds
Alerts & Updates 16th Apr 2026

SEBI’s Informal Guidance on Broad Based Fund Requirements for AMCs Managing AIFs

Read More
Alerts & Updates 15th Apr 2026

BIS Update: Extension to compulsory use of Standard Mark for household, commercial, and similar electrical appliances

Read More
Alerts & Updates 13th Apr 2026

IFSCA Signals Stricter Enforcement for Violation of SEZ Rules

Read More
Alerts & Updates 13th Apr 2026

IFSCA Mandates ICSI Certification for Fund Management Personnel in IFSC

Read More

India barred lenders from investing in alternative investment funds that hold stakes in their borrowers, the market is counting the cost. The Reserve Bank of India (RBI) said the move is designed to prevent an unstable build-up of assets in the country’s financial system.

“This is a sledge hammer to the industry,” says Vinod Joseph, Partner, Economic Laws Practice (ELP) in the Bloomberg article, India’s Crackdown on Financial Risks Puts Industry on Watch by authors Preeti Singh, Saikat Das & Advait Palepu.

Read the full article here

The story has been covered in NDTV Profit as well

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.