Indian banks are barred from lending for mergers and acquisitions, pushing companies to rely on non-banking financial firms ...

According to the SBI Card website, the updated CPP variants will come at a lower cost compared to the previous plans. The migration will happen automatically, depending on each customer’s renewal due ...

SBI Group and Chainlink partner to drive tokenized asset adoption in Japan, aligning with tax reform and crypto ETF plans to ...

IBA will request RBI to allow banks to fund M&A of listed firms, says SBI Chairman. Urges private sector to invest in capacity expansion.

State Bank of India Chairperson C.S. Setty has urged regulators to permit banks to finance acquisitions, currently barred under banking rules. SBI suggests starting with large listed companies, citing ...

The Japanese banking giant had earlier proposed a 20% acquisition, including a 13.19% stake purchase from State Bank of India and 6.81% from seven other shareholders such as Axis Bank, HDFC Bank, ...

SBI has asked RBI to permit banks to finance acquisitions, saying current restrictions push companies to NBFCs and bonds.