Financial Services / BFSI

Advisory for Financial Services & BFSI in India

Samagra advises NBFCs, AMCs, AIFs, wealth managers, insurance intermediaries and BFSI platforms on RBI / SEBI licensing, capital planning, governance and transactions — from licence application through consolidation.

Overview

BFSI operates under some of India's most detailed regulation — RBI scale-based NBFC rules, SEBI intermediary norms, IRDAI, PMLA and DPDP each impose structural obligations that shape entity design, capital and governance.

Our BFSI practice combines regulatory, tax, corporate-law and transaction expertise to help promoters obtain and maintain licences, raise capital and execute strategic transactions.

How we help

Advisory areas for Financial Services / BFSI

Licensing & Regulatory

•NBFC, HFC and P2P licence applications
•AIF Cat I / II / III registration
•PMS, IA and RA registrations
•Insurance broker / corporate agent licences
•Change-in-control and RBI / SEBI approvals

Capital & Governance

•Scale-based regulation and capital planning
•Board composition and committee framework
•Risk, audit and compliance policy design
•ICAAP, stress-testing and capital adequacy
•Fit-and-proper and KMP appointments

Transactions & Fundraising

•PE, strategic and DFI fundraising
•NCD, MLD and public-debt issuances
•Portfolio sale, DA and co-lending structures
•Buy-side and sell-side M&A advisory
•Founder secondary and buy-out structuring

Tax, Compliance & Disputes

•Direct and indirect tax planning
•GST on financial services and intermediaries
•PMLA, FATCA, CRS and KYC compliance
•Data-privacy and DPDP framework
•Litigation before RBI, SEBI, SAT and courts

Our approach

How we engage

01
Regulatory Review
Licence, capital, governance and compliance posture reviewed together.
02
Design
Entity, capital, governance and policy architecture aligned to regulation and business plan.
03
File / Transact
Licence applications, capital raises or M&A executed end-to-end.
04
Ongoing
Continuing regulatory, tax and dispute support.

Why Samagra

Why financial services / bfsi choose us

✓Deep RBI, SEBI and IRDAI regulatory experience
✓End-to-end licence application track record
✓Scale-based regulation and capital-planning depth
✓M&A and change-in-control execution capability
✓In-house regulatory-litigation strength before SAT and SC

Illustrative scenarios

Illustrative advisory scenarios

Examples of situations in which businesses and stakeholders may require integrated financial, transaction, restructuring, governance or dispute advisory support.

The scenarios below are illustrative examples created to explain the types of situations in which Samagra Advisors may provide advisory support. They do not represent actual client engagements, testimonials, completed transactions or guaranteed outcomes. Any figures, ranges, timelines or stakeholder profiles are indicative context only.

Illustrative financial services / bfsi scenario — transaction readiness (buy / sell / JV)

Typical situation — A financial services / bfsi promoter is evaluating an inbound acquisition offer, a bolt-on purchase, or a joint venture with a strategic partner — and needs to understand valuation, deal-structure and post-closing implications before signing an NDA or term-sheet.

Key considerations — Typical questions include nbfc, hfc and p2p licence applications, aif cat i / ii / iii registration and pms, ia and ra registrations, alongside indicative valuation ranges, earn-out design, escrow and indemnity architecture, tax and stamp-duty exposure, and post-closing integration or exit rights.

How Samagra may assist — Samagra may support an independent valuation view, structure-and-tax alternatives, negotiation of key commercial terms and coordinated documentation across financial, legal and tax counsel.

Deal-size context: INR 50 – 500 Cr
Indicative timeline: 5 – 9 months to closing
Diligence workstreams: Financial / tax / legal / commercial
Typical earn-out horizon: 12 – 36 months

Possible workstreams

•Independent valuation & benchmarks
•Structure & tax alternatives
•Term-sheet & SPA negotiation support
•Escrow, indemnity & earn-out design
•Post-closing integration checklist

Illustrative financial services / bfsi scenario — regulatory & compliance uplift

Typical situation — A financial services / bfsi business is preparing for a fresh regulatory cycle — for example a sectoral licence renewal, a SEBI / RBI / MCA filing window, or heightened lender-covenant reporting — and needs to close historical gaps without disrupting operations.

Key considerations — Focus areas typically include scale-based regulation and capital planning, board composition and committee framework and risk, audit and compliance policy design, along with a compliance register refresh, event-based filing calendars, secretarial audit gaps and cross-checks between statutory records and management MIS.

How Samagra may assist — Samagra may support a compliance diagnostic, a remediation roadmap prioritised by risk, and coordinated CS, legal and tax execution to close gaps and set up an ongoing monitoring cadence.

Regulators typically in scope: MCA / SEBI / RBI / sectoral
Indicative timeline: 6 – 14 weeks
Records reviewed: 3 – 5 preceding financial years
Reporting cadence: Monthly or event-based

Possible workstreams

•Compliance register & filing-calendar refresh
•Historical-gap remediation plan
•Secretarial-audit readiness
•Lender & investor covenant reporting
•Ongoing monitoring cadence

Discuss your organisation's specific situation

Every engagement depends on the organisation's circumstances, records, stakeholders and objectives. Schedule a confidential preliminary consultation to discuss the appropriate scope.

Schedule Consultation

FAQs

Frequently asked questions

Do you help with NBFC licence applications?

Yes. End-to-end NBFC, HFC and P2P licence applications including business plan, capital, KMP and RBI representation.

Can you set up AIFs and PMS?

Yes. Cat I / II / III AIF registration, PMS and IA registrations including PPM, agreements and SEBI liaison.

Do you handle SAT and RBI litigation?

Yes. Representation before SAT, RBI, SEBI adjudicators and appellate courts, often with senior counsel.

Engage Samagra

Speak to our financial services / bfsi advisory team.

Share a brief on your business and we'll respond with a clear path forward within one working day.