SBI explores acquisition finance tie-up with Japanese lenders
pre-market1 source ↓written by the desknot a recommendation
- for borrowers
- ₹94,000 cr
- of a deal
- 75%
State Bank of India is in discussions with Japanese lenders for a potential tie-up in acquisition finance. The bank can fund up to ₹94,000 cr for borrowers, following RBI's recent guidelines allowing banks to lend up to 75% of a deal. This move could enhance SBI's competitive edge in the acquisition finance sector.
Not investment advice. For informational purposes only.