Global Fintech Fest: SBI ready to support India Inc with finance for domestic acquisitions, says Chairman Setty
BusinessLine·2025-10-08 14:54
Banks like State Bank of India (SBI), which have been doing outbound M&A financing for Indian corporates to acquire overseas entities, are well-versed in acquisition financing, said SBI Chairman CS Setty at the sidelines of the Global Fintech Fest 2025.The RBI is planning to put in place an enabling framework for Indian banks to finance domestic acquisitions by India Inc.Currently, banks can only support overseas acquisitions of Indian companies. To improve the flow of credit and expand the scope of capital ...