Today, the field of banking, finance and insurance has undergone a drastic transformation whereby there are a lot of cross border transactions which take place on a daily basis. Moreover, there are also lot of international companies whether banking or financial or insurance providers which are setting up offices in India and vice versa. It is owing to all these factors that the field of financial, banking and insurance legal services becomes crucial.
Let us understand clearly what exactly gets covered within the purview of Banking, finance and insurance legal services. For the sake of convenience, let us take into account one field at a time.
So, from all this we can see and infer that the field of Banking, finance and insurance legal services is a challenging one and given the present atmosphere of liberalization and globalization, this field has become even more lucrative!