Damini Marwah, General Counsel, Axis Bank, Joins HDFC Bank

Damini Marwah, General Counsel, Axis Bank, Joins HDFC Bank

Damini Marwah joins HDFC Bank Ltd as Head Legal & Secretarial (Designate) to lead its Corporate Legal Division. Prior to this position he was leading a large legal team as the General Counsel & Head - Law at Axis Bank Limited.

Damini has close to two decades of experience and has worked extensively in project finance, corporate finance, structured finance and private equity. Damini also specializes in restructuring and turnaround of non-performing assets and brings a strong understanding of Indian regulatory and strategic matters.

She has held the position of General Counsel at Axis Bank since 2016. During this tenure, she has continued to rise in prominence as a leading in-house lawyer in the banking sector. Her previous experience also includes stints at IL&FS, Citibank India and ICICI Bank, experience which has made her an expert in banking and regulatory issues and an active speaker at relevant conferences and seminars.

She is well-versed in project finance, structured finance and private equity investments and is also highlighted for her sound grasp of regulatory issues. Her role further encompasses oversight of the firm's litigation strategy. She has recently been involved in appealing against allegations that its security creation was undervalued and of preferential transactions under the Indian Insolvency & Bankruptcy Code, among other significant matters.

Marwah is a law graduate from Mumbai University and holds a Master's degree from Georgetown University Law Center in the USA. A market source is swift to single her out as an influential general counsel who "is impressive, hands-on and understands the business very well."