M&A and Major Investments
- Advised Sumitomo Mitsui Banking Corporation in acquiring 24.99% stake in YES Bank Limited. The transaction will result in SMBC becoming the Bank’s largest shareholder. This transaction was one of the largest cross-border investments in the Indian banking sector.
- Advised on open offer made by Emirates NBD to public shareholders of RBL Bank Limited.
- Advised BPEA EQT and ChrysCapital in relation to acquisition of 90 percent stake of HDFC Credila (non-banking financial company).
Governance and Policies and Documentation
- Prepared compliance memo for Goldman Sachs (India) Capital Markets Private Limited.
- Reviewed / prepared / updated policies of following NBFCs: (a) Aye Finance; (b) Krazybee Services Private Limited; (c) Navi Finserv Limited; (d) Home Credit India Finance Limited; (e) NeoGrowth Credit Private Limited; and (f) Adinath Exim Resources Limited.
- Prepared standard documentation for various financial products – Standard Chartered Bank, DBS Bank and Jana Small Finance Bank
Other Regulatory Advices
- Advised Westpac Bank (bank), KTB Bank (bank) and Ford Credit India Private Limited (NBFC) in relation to existing its business in India and surrendering the banking / NBFC license.
- Advised Goldman Sachs for obtaining certificate of registration of a non-banking financial company and primary dealer.
- Advised in relation to incorporation and licensing of FincFriends Private Limited.
- Conducted exhaustive regulatory and operational diligences on following NBFCs: (a) Aye Finance; (b) Krazybee Services Private Limited; (c) Navi Finserv Limited; (d) Home Credit India Finance Limited; (e) NeoGrowth Credit Private Limited.
- B.A.LL.B (Hons) from National Law Institute University, Bhopal
Pratish specializes in finance, securitisation, trade finance, mergers and acquisitions of financial instituions and financial regulatory advices.
He advises on all kinds of debt transactions, debt instruments and structured finance products. He has advised clients on debt restructuring mechanisms including strategic debt restructuring, conversion of debt into equity and issues relating to enforcement of security interest.
Pratish’s expertise lies in securitisation transactions which includes securitisation of standard assets, securitisation of non-performing assets, pass-through structures and direct assignment transactions.
He regularly advises domestic and international clients on factoring, forfeiting, bill discounting, receivables financing and other trade finance transactions and has been instrumental in structuring many trade finance transactions.