Tanuj Sud leads Gravitas Legal's banking and finance team, a practice capable across project finance, bilateral and multilateral financing, cross-border transactions, debt and equity financing, securitisation, refinancing and restructuring, and disputes.

Representing banks, financial companies, foreign portfolio investors, private lenders and alternative investment funds, AZB & Partners is widely recognised for its expertise in banking and finance. Across assisting borrowers and lenders on structured, real estate, project, corporate and acquisition finance and leveraged buyouts, the team is adept in regulatory and policy issues, setting up financial institutions, daily advisory work and more. The team is led by Bahram Vakil, a transactional specialist for foreign and domestic banks and regulatory issues, Nilang Desai, an expert in structured finance and private credit, and Anand Shah, who is experienced across cross-border debt transactions, structured debt deals, external commercial borrowings, securitisation and assignment transactions. Hufriz Wadia is another standout practitioner, focusing on asset finance, sustainable finance and structure finance.

From high-value financings in project finance, external commercial borrowings and debt restructurings to mezzanine finance, high yield bonds, securitisations and loan portfolio sales, Cyril Amarchand Mangaldas‘ banking and finance team is one of India’s leaders. Cyril Shroff, the firm’s managing partner and a veteran practitioner in corporate and securities law, disputes, banking, bankruptcy, infrastructure and financial regulatory matters, leads the team. Co-heading alongside are L. Viswanathan, a project finance expert and key adviser to corporate and financial institutions in infrastructure projects, and Amey Pathak, likewise a project specialist, advising large financial institutions on airport, power, telecom, oil and gas, ports, roads and urban infrastructure matters. Santosh Janakiram, a bond and structured debt financing specialist and leader of the firm’s renewables practice, is a noted practitioner.

Widely regarded as one of the most formidable banking and finance practices in the Indian market, JSA Advocates & Solicitors handles complex matters for international firms and clients and is a go-to name for borrowers in structured and project finance. The team boasts further strength across leveraged financings, restructuring and insolvency, and real estate and infrastructure finance. Cross-border investments and acquisitions, securitisation and derivatives expert Anish Mashruwala leads the team from Mumbai. Divyanshu Pandey, adding to the team’s DCM, insolvency resolution and debt restructuring capabilities, and Utsav Johri, a structured finance, leveraged buyouts and project and real estate financing specialist, are standout contacts. Pratish Kumar strengthens the team’s debt work, from transactions and instruments to restructuring and debt-to-equity matters. Karan Mitroo joined the team from Luthra and Luthra Law Offices India in April 2025.

Major corporates, banks, NBFCs and financial companies call on Khaitan & Co LLP‘s banking and finance team to assist them across the spectrum. From cross-border financing, acquisition and infrastructure finance and debt capital markets to bilateral and syndicated financing, private credit transactions and derivatives, the team is well-versed in handling the largest domestic and global clientele operating in India. Leading the team from Mumbai is Kumar Saurabh Singh, a specialist in insolvency and restructuring, debt financing, asset and project finance, and securitisation; Manisha Shroff, a debt capital markets, structured finance and banking expert; Rajeev Vidhani, who is experienced in advising major banks, private credit firms and financial institutions on credit matters; and Devidas Banerji, an authority in transactions, external commercial borrowings and overseas direct investments. In New Delhi, co-head Siddharth Srivastava bolsters the team’s abilities in syndication, debt restructuring, project finance and structured finance.

With a focus ranging from acquisition finance, leveraged finance and margin loans, and structured debt and private credit to regulatory capital and advisory and real estate investment, Shardul Amarchand Mangaldas & Co‘s banking and finance practice has one of the largest teams in the market. Representing leading multinational banks, debt investors and financial institutions, the team is experienced in lending, special situations, distressed debt matters, cross-border mandates, derivatives and financial regulation issues. Leading the team is Shilpa Mankar Ahluwalia, a fintech and product structuring specialist, and Veena Sivaramakrishnan, an expert in insolvency, financial regulatory matters, securitisation and private credit. Shubhangi Garg is another key team member who specialises in DCM, structured finance and fintech. Nishant Singh joined in April 2025 from Luthra and Luthra Law Offices India.

Among the top teams for banking and finance in the Indian market, Talwar Thakore & Associates guides banks, multilateral and development finance institutions, NBFCs, funds and corporates across the spectrum of matters. From financing acquisitions, including acquisition and leveraged finance, project finance, mezzanine finance, trade finance and securitisation, to cross-border and domestic fundraising and loans, notes and debentures work, the team is well-equipped to handle some of the largest mandates. Sonali Mahapatra, the leading lawyer of the team, deepens the practice’s abilities in international financings and high-valued structured finance matters. Joint managing partner Gautam Saha rounds the team’s external commercial borrowings and foreign portfolio investment expertise. Nidhi Rani is a standout practitioner specialising in power, oil, roads and real estate transactions, debt restructuring and leveraged finance matters, while Rituparno Bhattacharya oversees complex deals for both banks and alternative credit providers.

From domestic and cross-border financing, structured finance and syndicated loans to private placements of bonds and debentures, acquisition and project finance and securitisation, Trilegal brings a deep bench of practitioners to the banking and finance space. The team is experienced across a range of sectors, including real estate, healthcare, technology and infrastructure, and acts for some of the largest financial institutions, multinationals, foreign investors, banks and private equity firms in India. Leading the team is Ameya Khandge, a specialist practitioner in project, structured, syndicate and leveraged finance, as well as DCM, restructuring and cross-border matters. Kannan Rahul is a key contact on the team and brings expert knowledge in advising Indian and multinational credit funds, private equity firms and financial institutions.

Recent addition to the CMS global network CMS INDUSLAW's banking and finance team has a focus and expertise in the manufacturing and renewable energy, BFSI and pharmaceuticals sectors, regularly assisting clients with DCM mandates, recovery and enforcement issues, arbitration and contentious financing matters. The team's standout members include Ashutosh Narang, a complex and international transactions, debt financing, enforcement and restructuring expert, and Shabbeer Ahmed, a civil and commercial litigation specialist. Nikita Jain, who is experienced in debt and equity transactions, unlisted debenture and equity issuances, debt-equity combinations, mezzanine finance, acquisition finance and inter-creditor arrangements, joined from AZB & Partners in October 2024.

Dentons Link Legal’s banking and finance team represents major Indian public and private banks and financial institutions on large-scale transactions across a range of sectors. The team is well-versed in project finance, syndicated finance, corporate loans, working capital loans, external commercial borrowings, debt restructuring, bond and debenture issues, DCM and Islamic financing. At the helm is Anand Srivastava, the firm's managing partner and projects, aviation, infrastructure and energy and M&A specialist. Nidhi Pathania, an expert in project finance, real estate finance, syndicated and bilateral financing and DCM transactions, and Samantha Fernandes, who specialises in all aspects of financing, NCD issuances and debt restructuring, are the team's standout practitioners.

Specialising in deal structuring and blending financing, securitisation, restructuring and advisory services, DSK Legal‘s banking and finance team advises multinational banks, energy majors, private equity houses, NBFCs and more. Corporate finance, structured finance, international banking, project finance and refinancing are areas the team regularly works in. Leading the team is Sajit Suvarna, a specialist in acquisition finance, construction finance, debt funding and mezzanine funding; Anjan Dasgupta, an expert in infrastructure and energy projects, PPPs and public procurement; Ajay Shaw, who deepens the team’s restructuring and structured funding abilities; and Srinivas BR, who is focusing on cross-border investments and regulatory matters. Avinash Kumar Khard advises on financing for infrastructure and renewable energy projects, while Ashish Pahariya and Roochi Loona are standout practitioners in project finance and structured finance matters.

Juris Corp's banking and finance team works across sectors such as aviation, data protection, infrastructure, energy, manufacturing, mining and railways to assist clients with transactional support, enforcements, investor and lender issues, derivatives products, risk management and capital markets. The team regularly works with some of the largest global businesses, banks, financial institutions, sponsors and start-ups. At the helm is Saurabh Sharma, who is experienced in advising banks, NBFCs and asset reconstruction firms across acquisition finance, distressed M&A, structured finance, bond and note issuances, and restructuring, and Ankit Sinha, who regularly assists banks and fintech companies in regulatory strategy, structured finance, insolvency and cross-border lending matters.

Kochhar & Co. boasts a large banking and finance team that specialises in syndicated lending, acquisition finance, project finance and energy and infrastructure finance. Other areas that the team is growing into include renewables financing and debt restructuring, while focusing on the fintech and energy sectors. Leading the team from New Delhi is Pradeep Ratnam, a projects and infrastructure financing specialist that regularly works on cross-border mandates for international clients. Second-in-command is Anuj Kaila out of Bengaluru, a retail banking products and insolvency expert. Other key names include Sharmil Bhushan and Sujatha Rangachari.

Specialising in project finance and assisting clients across the lifecycle of infrastructure and energy projects, Phoenix Legal's banking and finance team advises sponsors, developers, lenders, multilateral agencies, credit agencies and government bodies. The team also focuses on structured finance, with an emphasis on complex securitisation and asset-backed financing transactions. From Mumbai, Sawant Singh, an expert in private equity, securitisation, asset reconstruction, debt restructuring and consortium lending, and Rohit Sharma, who is experienced across financing transactions, debenture issuances and external commercial borrowings, lead the team. Team co-head Harsh Arora, who specialisies in syndicated and bilateral lending, project finance and equity-linked investments, leads the team in New Delhi.

From private sector banks to state banks and major NBFCs, Samvad Partners' banking and finance team works across balance sheet funding, mezzanine financing, venture debts, project and structured finance, microfinance and NCD issuances. The team regularly assists clients with restructuring and the underlying financing and security structures of transactions. Vineetha MG, who has over two decades' experience in the industry and specialises in project and corporate finance, microfinance and securitisation, is the practice head. Other standout practitioners include Natasha Mahajan, who focuses on consortium lending transactions, external commercial borrowings and structuring credit derivatives.

SNG & PARTNERS' banking and finance practice is known for its work representing multinational conglomerates and foreign banks, and on cross-border transactions. From trade finance, microfinance, and structured and leveraged transactions to syndicated lending, securitisation, distressed asset transactions, and infrastructure and project finance, the team is well-versed across sectors and with a diverse array of clientele. The team is led by banking, private client and regulatory specialist Anju Gandhi; Amit Aggarwal, who is focused on M&A, private equity and capital markets; and Aditya Vikram Dua, who is experienced in real estate and acquisition financing as well as external commercial borrowings.

From foreign investment and real estate and acquisition financing to securitisation, debt restructuring, aviation finance and specialised lending, Wadia Ghandy & Co's banking and finance team represents domestic and international banks, financial intermediaries, NBFCs, corporate borrowers and more. Shabnum Kajiji, a specialist in structured finance, Nihas Basheer, who focuses on securitisation and bi-lateral transactions, and Gopal Bankar, an expert in debt syndication, corporate and oversees finance and external commercial borrowings, are at the team's helm. Jash Agrawal and Piyush Kumar are the second line of call, strengthening the team's wider debt transactional expertise.

ALMT Legal's banking and finance team specialises in advising clients on foreign exchange and banking regulations, in addition to structuring and restructuring transactions. The team is experienced in external commercial borrowings, term loans, working capital facilities, consortium financing and acting as lender's counsel. Ryna Karani, an adviser to clients in external commercial borrowings, restructuring and refinancing loans, and drafting loan agreements, is the practice head. The veteran practitioner Aliff Fazelbhoy, an expert in M&A and acquisition financing transactions, is a key member of the team.

Argus Partners‘ banking and finance team specialises in project finance, structured finance and real estate financing for domestic and foreign banks, financial institutions, credit funds and NBFCs, regularly acting as counsel to lenders and investors. The team is led by Krishnava Dutt, the firm’s founding and managing partner and an M&A and finance veteran; Aastha, an expert in project finance and private credit transactions; Nidhi Arya, who is experienced in corporate loans and construction finance; and Utkarsh Bandhu and Aseem Dhawan, who both specialise in debt transactions.

With a practice focusing on project finance in infrastructure, energy, transport, and PPP projects, Dhir & Dhir Associates' banking and finance team advises clients on working capital and term loan facilities, hybrid annuity model project financing, listed and unlisted debt issuances and structured finance. Alok Dhir, an expert in restructuring and corporate matters, and Guranpreet Singh Sarna, a projects, infrastructure and capital markets specialist, lead the practice. Shikha Singh is the second port of call, bolstering the team's renewable energy abilities.

With strengths in project and infrastructure finance – especially in clean power – as well as DCM, structure and acquisition finance, securitisations and corporate loans, Luthra and Luthra Law Offices India‘s banking and finance team represents Indian banks, financial institutions, global lenders, investment and mutual funds, private equity firms and foreign investors. Harry Chawla, a real estate and M&A specialist; Girish Rawat, who is experienced in advising on high-profile transactions in projects and infrastructure, technology and hospitality; and Sharad Joshi, who focuses on projects, infrastructure advisory and general corporate mandates, are the key contacts. Karan Mitroo left the team in April 2025.

Niloufer Lam, an Indian and English qualified practitioner specialising in banking, finance and capital markets, leads NL Legal‘s banking and finance practice. The team is versed in foreign currency and rupee-denominated loans, capital facilities, project finance, restructuring, subordinated debt capital raisings, derivatives, and structured and acquisition finance. The team frequently works cross-jurisdictionally, across from international law firms and for large energy companies, banks, NBFCs and more.

Domestic and multinational corporations, private equity houses, institutional investors and Indian and multinational banks are regular clients for S&R Associates' banking and finance team. The team is experienced across projects, acquisition, real estate and trade finance, in addition to having a strong focus on bond and debenture matters and sustainability-linked financing instruments. Arpita Garg, who is experienced in the range of financing matters, restructuring, insolvency and ESG mandates; Aparna Ravi, a specialist in private credit, restructuring, secured credit facilities and debenture matters; and Kinnari Sanghvi, an M&A, private equity and commercial agreements expert, are the team's leading contacts.

The banking and finance practice at Saraf and Partners regularly advises clients across financing transactions, debt restructurings, securitisation matters and stressed asset management transactions. From project finance and DCM to structured products and acquisition and aviation finance, the team assists state banks, NBFCs, multinational companies and more. At the helm is Mohit Saraf, who is experienced in syndicated loan transactions, project finance, external commercial borrowings and loan facilities, and Bikash Jhawar, an expert in structuring investments, fund raises and advising on foreign investments.

Specialising in advising on multi-lender consortium financing agreements and inter-creditor arrangements, Desai & Diwanji's banking and finance team works on the full spectrum of issues, from pre-insolvency restructuring to structuring transactions. Leading the team is Rahul Chauhan, focusing on project finance, stressed asset transactions, loan agreements, bond deeds, power-purchase agreements and framework agreements, and Natasha Treasurywala, a corporate practitioner and expert in secured and unsecured credit facilities and non-convertible debentures and bond issues.

Across project, corporate and structured finance, HSA Advocates advises clients on cross-border transactions, debt and equity financing, dispute resolution, trade finance and compliance. Armin Pardiwala, a specialist in projects, energy and infrastructure; Aditya Khandelwal, who focuses on infrastructure projects, private equity investments and Indian foreign investment; and Srivar Awasthi, a key adviser to clients in the real estate, hospitality, projects and infrastructure sectors, lead the practice.

Amit Prakesh leads Imperial Law Offices (I Law)‘s banking and finance group, a growing team of specialists increasingly advising clients across syndicated loans, project finance, external commercial borrowings and restructuring. The team works on the panels of leading NBFCs, real estate investment platforms and corporate trustees. V Vasudev is the team’s second in command; a corporate practitioner, Vasudev supports the practice’s M&A, joint ventures, foreign investments and private equity abilities.

Indialaw LLP's banking and finance practice is known for its work across the energy, power and infrastructure sectors, especially in deal structuring, debt finance, wholesale lending, securitisation and compliance. Leading the practice is Shrishail Kittad, an infrastructure and energy finance, real estate funding and corporate advisory specialist; Nim Dem Dorjee, a key adviser to banks, financial institutions and NBFCs; and Shiju PV, the firm's managing partner and a private equity, cross-border investment, insolvency and infrastructure expert.

With a firmwide, boutique focus on corporate law, Juris Arena's banking and finance practice is experienced across syndication and loan arrangements, project finance and investment structuring. Soumitra Banerjee, a corporate specialist and expert in debt finance and private equity, leads the team alongside Anjali Haridas, who focuses on debt finance, securitisation, microfinance, and governance and regulatory matters.

Rajesh Sivaswamy, a corporate practitioner experienced across debt and equity financing, structured finance, syndicated lending, acquisition finance and external commercial borrowings, leads King, Stubb & Kasiva's banking and finance group. The team brings experience to the practice across multi-bank credit facilities, asset-backed and secured loans, and real estate loans and regularly advises clients on structuring finance transactions.

From energy and resources companies and NBFCs to microfinance and fintech clients, Majmudar & Partners' banking and finance team advises clients on syndicated and trade finance transactions, external commercial borrowings, project finance, banking regulatory advice and refinancing. Akil Hirani leads the team, bringing over 30 years of experience in the sector across investment in foreign companies and financial institutions, M&A and private equity.

Shiva Charan Reddy leads TLH, Advocates & Solicitors's banking and finance team, bringing over two decades of experience advising banks, financial institutions, NBFCs, investment funds, entrepreneurs and asset reconstruction companies. The team works across corporate and syndicated lending, acquisition and leveraged finance, corporate debt financing, real estate, project and asset finance, securitisation, and listed and unlisted debentures issuances.

At the helm of Veritas Legal‘s banking and finance team is Jhinook Roy, a projects, infrastructure and finance specialist experienced in cross-border and domestic transactions. Across securitisation, financing, external commercial borrowings, structured products, distressed assets and debt restructuring, the team is versed in advising NBFCs, infrastructure and energy companies, real estate corporates and banks.