State Bank of India seeks acquisition financing from Japanese banks
after close1 source ↓written by the desknot a recommendation
- a business exceeding
- ₹103 trillion
- for this initiative
- ₹94,000 crore
State Bank of India, with a business exceeding ₹103 trillion, is in discussions with Japanese banks for acquisition financing following RBI's approval. The bank has allocated ₹94,000 crore for this initiative. SBI aims to leverage Japanese banks' expertise in funding acquisitions through its I-banking arm, SBI Capital Markets.
Not investment advice. For informational purposes only.