Hitesh Sanghvi
09 March 2011
Hitesh Sanghvi discusses the safeguards that need to be followed to preserve subrogation rights of Export Credit Agencies (ECA) in External Commercial Borrowing (ECBs) transactions.
28 July 2009
The so-called Sarfesi Act is arguably one of the most important developments in Indian banking sector reforms with respect to the non-performing secured assets.
However, certain provisions of Sarfesi seem to be a deterrent to foreign lenders providing finance to Indian borrowers, which in turn affects genuine Indian companies also from raising low-cost international finance.