RBI eases bank acquisition financing restrictions
after close1 source ↓written by the desknot a recommendation
- and limits
- 70% of deal value
The Reserve Bank of India announced the removal of restrictions on banks for acquisition financing, which is expected to benefit the real economy. Banks can now fund acquisitions with a cap of 70% of deal value and limits on debt-to-equity ratios, promoting safer lending practices. This move aims to enhance bank lending in India's growing economy.
Not investment advice. For informational purposes only.