ZBA is a boutique law firm headquartered in Mumbai. The firm focuses on banking and finance and debt capital markets work and specialises in infrastructure, shipping, insurance, energy, financial services, healthcare and commodities.
Focusses / specialisms
The firm has a good reputation for its banking and finance and capital markets work.
Key clients
Key clients of the firm include State Bank of India, Punjab National Bank, Bank of India, Axis Bank, Canara Bank, United Overseas Bank, Indian Railway Finance Corporation, Indian Oil, Sumitomo Mitsui Banking Corporation and Star Union Dai-ichi Life Insurance Company.
Research period review:
33rd edition (2022/2023)
During the research period, the firm was very active in banking and finance and debt capital markets.
The banking team continued to advise on complex, high-value, large banking and finance transactions, both domestic and cross-border. In the debt capital market, the firm was particularly active in bond issuance advising issuers.
Deal highlights: 33rd edition (2022/2023)
Indian Railway Finance Corporation’s $1.10 billion raise via a yen-denominated offshore loan.
IRFC’s $500 million green bonds issuance on India INX at GIFT IFSC.
PNB MetLife’s $53 million issuance of debentures.
Client feedback: 33rd edition (2022/2023)
Capital markets
“Agile, professional, solution oriented and well versed with law.”
Niloufer Lam
“Professional and solution oriented.”
Mihir Shukla
“Meets timelines.”
