Indian banks open cheque books for ₹10,000 crore-plus in M&A funding after RBI rule change
Indian banks have recently engaged in significant M&A deals after the central bank eased financing rules.
State Bank of India and other lenders are now financing up to 75% of deal values.
The acquisition-financing market is estimated at nearly ₹2 lakh crore due to increased demand.
Various large transactions include Crystal Crop Protection's acquisition of FMC Corporation's India business and others.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.