SBI Pushes Banks to Fund M&A Deals

  Published 9 months ago

SBI seeks regulator's approval to let banks fund listed company acquisitions, citing low NPAs now.

  • SBI will formally request IBA, urging the regulator to begin with transparent, shareholder‑approved listed acquisitions immediately.
  • Banks are barred from merger financing, forcing companies to depend on NBFCs or bond issuance.
  • BCG notes that low NPAs enable relaxing norms, suggesting that safeguards start with the listed firms' land financing.

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