RBI allows banks higher acquisition financing limit
RBI allows banks higher acquisition financing limit is drawing significant interest across the industry.
Indian banks can now finance company acquisitions. The Reserve Bank of India has allowed lenders to fund up to 20% of their capital for these deals. This opens new credit growth avenues for Indian banks. They can lend up to 75% of the acquisition value for both listed and unlisted companies.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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