SBI explores partnership with Japanese banks for acquisition finance
pre-market1 source ↓written by the desknot a recommendation
- for acquisition financing
- ₹94,000 cr
- of core capital
- 20%
State Bank of India is in talks with Japanese banks to enhance its acquisition finance capabilities, following new RBI regulations. SBI can now fund up to ₹94,000 cr for acquisition financing, with the RBI increasing the exposure limit to 20% of core capital. This move may strengthen SBI's competitive position in the market.
Not investment advice. For informational purposes only.