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SBI eyes deal finance on home turf, as RBI draft rule moots level field for Indian banks
MINT· 2025-10-08 22:08
Having financed India Inc.’s overseas buyouts for long, State Bank of India (SBI) sees itself ready to underwrite mergers and acquisitions (M&As) at home, as the Reserve Bank of India (RBI) considers opening that door for domestic lenders.“We have been doing outbound M&A financing with Indian corporates acquiring overseas entities. Banks like SBI are well-versed with acquisition financing,” C.S. Setty, chairman of the country’s largest lender, told reporters on the sidelines of the Global Fintech Fest in Mu ...