Argus Partners' team advises domestic and international banks, NBFCs, credit funds and corporates on a wealth of transactions spanning structured finance, securitisations, project finance, syndicated lending and debt issuances. The team also has expertise in real estate financing and regularly works alongside colleagues in Delhi, Bengaluru and Kolkata on cross-office mandates. Krishnava Dutt, Aastha and Utkarsh Bandhu helm the practice. Aastha is very active in advising major banks, financial sponsors and funds on complex transactions and also has a background in real estate finance, project finance and insolvency matters. Bandhu joined the team in July 2024 and brings expertise in debt capital markets, restructurings and insolvencies.

SNG & PARTNERS' practice advises lenders, credit funds and corporates on debt capital markets, structured finance and private credit mandates. The team also handles project and real estate finance, securitisation, and distressed assets matters. It also provides regulatory guidance on various frameworks for banks, non-banking financial institutions and fintech platforms. Anju Gandhi advises banks, financial institutions, and HNWIs on lending, regulatory compliance, foreign exchange and private client matters. Aditya Vikram Dua has a strong background in debt and equity capital market issuances, restructurings and fundraises for banks and financial sponsors in respect to complex M&A transactions. The pair co-head the team alongside Amit Aggarwal who splits his time between Mumbai and New Delhi. Aniket Sawant, Ashok Sathyanathan, Rashmi Raveendran and Hetal Sheth also come recommended.

The team at Wadia Ghandy & Co handles a wide range of transactions, from syndicated lending and external commercial borrowing cases, to securitisation, acquisition finance and debt restructuring matters. The practice is active in aviation finance and domestic debt issuances. At the team's helm are structured finance expert Shabnum Kajiji who advises a variety of financial institutions and multinational corporates, Nihas Basheer whose broad workload includes debt capital markets, structured finance and project finance cases, and Gopal Bankar who is experienced handling digital banking and fintech matters. Jash Agrawal is active on fundraises, Piyush Kumar has a strong track record in securitisations, and Ekagra Jain who assists in both regulatory and transactional contexts.

Advising on project finance, debt finance and restructuring, and regulatory compliance, Desai & Diwanji’s Mumbai team represents banks, non-bank financial institutions, asset managers, investors, and corporate borrowers. Team co-head Rahul Chauhan is particularly active in the infrastructure and energy sectors and frequently advises on distressed asset transactions and insolvencies. Fellow co-head Natasha Treasurywala is praised for her strength in ‘high stakes structured debt transactions‘, while Shireen Langrana often works closely with financial sponsors and venture capitalists.

Indialaw LLP advises on the full spectrum of lending and financing matters, including project, hybrid and structured finance matters, as well as regulatory compliance. The team has expertise in the energy and infrastructure sectors, and a developing specialism in digital lending and fintech matters. Team head Shrishail Kittad has an extensive client base of public and private banks and is particularly active on real estate and project financings. Nim Dem Dorjee, who is also very active in the projects space, handles a variety of corporate finance and structured finance deals. Uditi Singh and Umang Shirodariya also come recommended.

Active across the infrastructure, renewable energy, healthcare and real estate sectors, Vritti Law Partners LLP's offering advises noteworthy banks, NBFCs, and corporate borrowers on structured finance, project finance and regulatory mandates. Team head Debashree Dutta combines transactional expertise with regulatory experience and advises clients across the whole spectrum of financial products, particularly those pertaining to digital transactions and fintech.

Dhir & Dhir Associates' team combines its strength in project and real estate finance with its expertise in structured finance, including securitisations, mezzanine debt, and subordinated lending cases. RBI, SEBI, and FEMA compliance matters, and enforcement, recovery and insolvency disputes also feature in the team's workload. Alok Dhir and Guranpreet Singh Sarna co-lead the practice, with the former often active for lenders engaging with transactions in the energy sector. Shikha Singh and Avlokita Kanwar also come recommended.