Sanjay Asher, Senior Partner at Crawford Bayley & Co, states that there is a legal divide among international banks regarding their support for the Adani Group. Japanese and Middle Eastern banks seem supportive after thorough analysis, while some European banks like Barclays and Jefferies are cautious. Investors should view these developments from a medium to long-term perspective.
Sebi proposes depository receipts against REITs, InvITs units
India’s markets regulator has unveiled a fresh set of regulations concerning depository receipts aimed at real estate and infrastructure investment trusts. This initiative seeks to