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Pragnya Shabareesh on Muck Rack

Pragnya Shabareesh

As seen in: Mondaq
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Articles

Liberalization Of FDI In Satellite And Space Sector

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By Ankit Guha, Vallishree Chandra, Pragnya Shabareesh
| Mondaq
The Government of India ("GOI"), in a bid to promote private sector activity and include young entrepreneurs in upcoming technological changes, specifically in the space sector, had, in 2020, introduced various reforms, such as: (a) enabling and promoting non-governmental entities ("NGEs") to carry out independent space activities; (b) opening up ISRO infrastructure and space facilities for use by the private industry; and (c) demand-driven approach for utilization of space assets such as...
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Guidelines On Default Loss Guarantee In Digital Lending

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By Ankit Guha, Pragnya Shabareesh
| Mondaq
As an update, the Reserve Bank of India ("RBI") has notified the attached 'Guidelines on Default Loss Guarantee in Digital Lending' ("DLG Guidelines") on June 8, 2023 (with effect from the date of the notification), which is a much-awaited development post the restrictions imposed on first loss default guarantee (FLDG) arrangements between entities undertaking digital lending as stipulated under the Guidelines on Digital Lending dated 2 September 2022 ("Digital Lending Guidelines").
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