Department profile
AZB & Partners

Banking & Finance

Global Guide 2026 : India


AZB & Partners

Rankings

About

Provided by AZB & Partners

AZB’s Banking & Finance practice is an exemplar for ‘full service.’ From domestic financing transactions and products (including promoter and acquisition finance, mezzanine finance, real estate finance, term and working capital loans, trade finance, project finance, etc.) to structured cross border debt transactions (acquisition and leveraged buy–outs, margin loans, foreign investment in debt instruments, external commercial borrowings), as well as syndicated loans and issuance of various kinds of debt instruments including structured bond issuances, the team is able to efficiently handle complex debt transactions with ease.

We regularly advise banks and financial institutions on regulatory mandates, and assist on interfacing with the Reserve Bank of India. Our associations with Mr. G. Padmanabhan (former Executive Director, RBI) benefits our partners and clients with superior insights into regulatory concerns and sector–specific commercial and business nuances.

Domain expertise and working across practice areas allows us to advise Indian public and private sector banks and financial institutions on strategic investments and mergers and acquisitions. Private equity, financial regulatory, capital markets and restructuring and insolvency fully arm the Firm to counsel borrowers, lenders, strategic debt investors and buyers in distressed debt and restructuring situations.

Chambers Review

Provided by Chambers

Banking & Finance - India

Band 1

Band 1


What the Team is Known For

AZB & Partners is a well-established law firm in India that advises domestic and international banks on a wide variety of work, including syndicated lending, ECB and corporate finance transactions. The team is also a go-to choice of counsel for key borrowers in the market and is active on structured and project finance transactions as well as securitisation issues. The firm handles a number of real estate financings and offers additional expertise in handling corporate insolvency matters.

Work Highlights

Provided by Chambers

  • AZB & Partners advised PAG on PAGAC Ecstasy's USD265 million term loan facility from a consortium of overseas banks.

Strengths

Provided by Chambers

  • The firm is renowned for its expertise and strategic counsel. Its thorough understanding of the law, combined with a client-focused approach, ensures effective solutions and exceptional service.

    Banking & Finance respondentGlobal
  • The team at AZB is absolutely amazing when it comes to turnaround times and responsiveness to our requests. The team will quickly absorb the sensitivity around the matter and act accordingly.

    Banking & Finance respondentGlobal
  • AZB & Partners has some of the finest lawyers in the country. The teams are very knowledgeable, practical and solution-oriented. They have the ability to cut through complex issues very quickly.

    Banking & Finance respondentGlobal

Notable Practitioners

Provided by Chambers

  • Eminent PractitionersBahram N Vakil
    Eminent PractitionersBahram N Vakil

    Bahram N Vakil

    Bahram Vakil is the co-founder of AZB & Partners and is a senior partner in its Mumbai office. He is well known in the market for his considerable expertise in project finance work, as well as insolvency.
    • His strategic approach to complex issues was invaluable, guiding us through challenging situations with clear, actionable advice.

      Banking & Finance respondentGlobal
  • Band 2Anand Shah
    Band 2Anand Shah

    Anand Shah

    Anand Shah is a partner based in AZB & Partners' Mumbai office. He acts for notable financial institutions and handles a range of financing matters from cross-border debt transactions to acquisitions and real estate financing.
    • I am thoroughly impressed with the level of expertise and dedication demonstrated throughout our interactions.

      Banking & Finance respondentGlobal
    • Anand Shah has excellent experience.

      Banking & Finance respondentGlobal
    • Anand Shah is very good with clients. He always makes a lot of effort to meet and catch up. He is very in touch.

      Banking & Finance respondentGlobal
  • Up and ComingIshan Handa
    Up and ComingIshan Handa

    Ishan Handa

    Ishan Handa often advises banks, private equity funds and other kinds of investors on debt refinancing, structured financing and offshore term loans.

    • He is very good. He is very thorough and very capable. Quite honestly, he helps me understand the regulatory constraints.

      Banking & Finance respondentGlobal
    • Ishan has the ability to navigate the intricate regulatory landscape and provide strategic insights. The way he explains complex Indian legal concepts in a clear and concise manner is invaluable.

      Banking & Finance respondentGlobal
    • He provides practical solutions.

      Banking & Finance respondentGlobal

Ranked Individuals at AZB & Partners (3)

India

Members

Provided by AZB & Partners

AZB & Partners has rankings in the following guides

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