Photo of Ruchira Shroff

Partner in the project finance, energy & infrastructure practice at the Mumbai office of Cyril Amarchand Mangaldas. Ruchira focuses on project development, financing and infrastructure investment, especially in the power and ports sector and has also advised and acted for various project developers, banks and financial institutions, both Indian and international. She can be reached at ruchira.shroff@cyrilshroff.com

A transition away from LIBOR – What it means for ECB lending in India

LIBOR may be the most popular acronym in the international financial markets, and rightfully so. It has for decades been the benchmark rate adopted worldwide for financial transactions ranging from loans, bonds and derivatives. Often touted as the ‘world’s most important number[1], it first made its appearance in 1969 and has since then established itself as the go to reference rate for all things money.
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