SBI
SBI eyes mega M&A push! India’s largest bank in talks with Japanese lenders
Mumbai/IBNS: State Bank of India (SBI) is in talks with Japanese lenders for collaboration in merger and acquisition (M&A) financing, the country’s largest lender said on Saturday, media reports said.
Speaking on the sidelines of the annual general meeting of the Indian Banks' Association (IBA), SBI Chairman CS Shetty said the bank has a lending ceiling of Rs 94,000 crore under the new regulatory framework.
“Given Japanese banks’ experience in funding acquisitions, we are keen to collaborate with them,” Shetty was quoted as saying by The New Indian Express.
On February 13, the Reserve Bank of India (RBI), in its final guidelines, allowed banks to fund up to 75 percent of M&A transactions, raising the ceiling from 70 percent proposed in the draft norms.
The revised guidelines also permit funding for both listed and unlisted companies, marking a departure from the earlier draft that restricted such financing to listed entities.
The new framework will come into effect from April 1, 2026, providing expanded flexibility for banks and corporates in structuring acquisition deals.
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