In the past several years, the role of banks, financial institutions/intermediaries, and insurance companies has gained enormous significance. More recently, asset management and reconstruction companies have started to play an important role in reducing the burden of banks weighed down by non-performing assets. Consequently, the legal and regulatory regime has undergone a sea change with the government and the Reserve Bank of India playing an increasingly vigilant role. With increasing opportunities and vistas in the sector, coupled with the enabling regulations by the Government of India, our role as lawyers has also taken a new dimension. In view of the fast-paced developments in, and needs, of the banking sector, our endeavor is and continues to be to provide a broad-range of quality and effective advice to our clients looking for sector specific solutions. For our insurance sector clients, PSA lawyers advise clients on e-insurance, global insurance coverage, re-insurance, foreign exchange, tax implications, insurance advertisements, assignment & nomination and interface with Insurance Regulatory and Development Authority, as needed.
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