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Banking and Finance

Banking & Finance

From banking to wealth management, Liaisoners has an experienced team dealing with the multiple regulatory issues, serving all major areas of the financial services industry.

Banking sector is set to grow exponentially in India due to the rising per capita income, introduction of new products, innovation in technology, expanding distribution, networking and increasing customer awareness of financial products. Banking Industry has seen bold reforms in the last 15 years and will continue to be a top priority focus industry for India’s economic development based on inclusive growth.

Opportunities and Challenges

  • Banking industry is set to grow significantly in the coming years due to India’s economic expansion and growing awareness among the population of these financial products / services.
  • New and wider products will provide immense opportunities to develop niche areas.
  • The industry has adopted IT as an integral part of business strategy, where RSM is well positioned to provide various services on such IT platforms.
  • High supervision by regulators will require constant vigilance and need to adopt measures to mitigate risks based on various control measures including ‘Risk Based Audits’ (RBA) as provided by:

    1. The Reserve Bank of India in its RBA guidelines to banks

    2. Securities Exchange Board of India (SEBI) for the mutual fund industry

How We Can Help

We represent financial institutions, financial services companies, investment funds, development banks, project developers, project companies, contractors and other parties in various secured and unsecured financing transactions. The Firm does significant work in corporate finance, project finance, restructuring, insolvency and assistance in debt recovery proceedings.

Our expertise includes analysis of the ramifications of banking laws to protect and advance the interests of both Indian and foreign banks. It further includes all matters relating to banking, including syndicated foreign currency loans, external commercial borrowings, ISDA documentation, securitization and shipping loans. We extend advisory services to international syndicated facilities, including the handling of amendments, novations, assignments and sub-participation.

The Firm has assisted various NBFC clients in addressing a vast number of issues – from establishment and registration, compliance requirements mandated by Governmental authorities and associated regulations to structuring investments into non-banking financial companies.

We Service
  • Banks including Merchant Banks
  • Financial Institutions
  • Insurance Companies
  • Non Banking Financial Companies (NBFCs)
  • Wealth & Asset Management Companies
  • Private Equity Firms
  • Venture Capitalists

Core Segments
  • Syndicated Loans & External Commercial Borrowings (ECBs)
  • Project Finance, Restructuring, and Down Selling
  • Investment Fund Structuring (Debentures, Debt & Infrastructure Funds)
  • Regulatory advice on fund formation, promotion, and operation

Audit & Management Capabilities

  • Concurrent audit of Central Processing Centre
  • Concurrent audit of Regional Processing Centre
  • Concurrent / Internal audit of Branch Operations
  • ‘Know Your Customer’ (KYC) audit
  • Trade Finance audit
  • Operations Manual compilation job
  • Retail Liability audit
  • Manpower assessment services
  • ERM Framework designing services
  • Retail Assets audit
  • Depository Participant audit
  • Certification Report (A1 & A2 Forms for Forex)
  • Certification Report for CDSL
  • Certification Report for NSDL
  • Stock audits on periodical basis
  • Audit of hypothecated securities on a periodical basis
  • SOX audits / reviews for selected branch areas

Banking & Finance

From banking to wealth management, Liaisoners has an experienced team dealing with multiple regulatory issues across the financial services ecosystem.

The Banking sector is set to grow exponentially in India due to rising per capita income, introduction of new products, structural innovations, and growing public awareness of financial configurations.

The industry has seen bold reforms in the last 15 years and continues to be a top priority focus segment for India’s macro-economic blueprints built on inclusive growth models.

Opportunities & Challenges

  • Significant scaling driven by rapid domestic economic expansion.
  • Niche development paradigms enabled by product extensions.
  • Accelerated integration of structural IT frameworks and strategy.
  • Intense regulatory oversight requiring ongoing vigilance and Risk-Based Auditing (RBA) mapping under RBI and SEBI parameters.

How We Help

We represent financial institutions, investment funds, development blocks, and NBFC setups across secured and unsecured financial transactions. Our core scope processes corporate finance, project restructuring, insolvency setups, and debt recovery proceedings.

Our profiles specialize in navigating syndicated currency setups, processing ECB documentation, executing ISDA structures, and validating compliance rules mandated by central governmental frameworks.

Sectors & Core Segments

Client Verticals Serviced

Merchant Banks • Financial Institutions • Insurance Firms • NBFCs • Wealth & Asset Managers • Private Equity • Venture Capitalists

Operational Segments

Syndicated Loans • External Commercial Borrowings • Project Finance & Down Selling • Fund Formations • Infrastructure Fund Structuring • Debenture Processing

MANAGEMENT & AUDIT MATRIX

PROCESSING CENTRES & BRANCH AUDITS
• Central Processing Centre (CPC) Concurrent Audit
• Regional Processing Centre (RPC) Concurrent Audit
• Branch Operations Concurrent & Internal Audit
• Operations Manual Compilation Processing
• SOX Audits and Asset/Liability Operational Reviews
RISK, RETAIL & COMPLIANCE SECURITY
• Know Your Customer (KYC) Authentication Auditing
• Trade Finance and Retail Assets / Liability Audits
• Enterprise Risk Management (ERM) Framework Design
• Manpower Assessment Services
SECURITIES & DEPOT CERTIFICATIONS
• Depository Participant (DP) Systems Audit
• Forex Certification Reports (Form A1 & A2 structures)
• CDSL & NSDL Statutory Certification Reports
• Periodical Stock Audits & Hypothecated Security Verification