[Exclusive]: Cyril Amarchand Mangaldas PA Abir Dey joins L&L as Banking Partner in Mumbai

“We are extremely delighted to welcome Abir to the Firm. His addition will further strengthen the Firm’s Banking, Finance & Restructuring practice, which has always been a core practice of the Firm. He brings with him deep knowledge and relationships in the banking space.

Banking Industry has been under severe pressure on account of elevated NPA level in last few years. Now a number of such cases are getting resolved and banks are increasing their focus on fresh advances to corporates and projects. Also I am seeing a marked differences in the approach of Banks towards fresh exposure - quality of due diligence, perfection of security documnents, risk assumption by the banks, etc and therefore i see Banking & Finance practice to be very busy in coming months and Abir addition is timely."

"I am delighted to join L&L Partners and look forward to a very long and enriching innings in the project finance, banking & finance, projects & infrastructure and IBC space. What I like about the firm is flat and non hierarchical structure which gives meritocracy a good chance to prosper."