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RBI to permit banks to fund merger & acquisition activity by Indian corporates
MINT· 2025-10-01 07:18
Mumbai, Oct 1 (PTI) In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates. This has been a long-pending demand of Indian banks. Recently, the State Bank of India Chairman C S Setty also made a strong case for permitting banks to provide funding for mergers and acquisitions, as done by global lenders. "To start with, we will make a formal request from the IBA (to the RBI)... at least start wi ...