RBI's takeover-financing rule change has Indian banks financing about a dozen M&A deals above ₹10,000 crore since July 1, with lenders now covering up to 75% of deal value. State Bank of India is one

What happened: Indian banks are funding M&A deals of ₹10,000 crore-plus after an RBI rule change, with lenders financing up to 75% of deal value. SBI has nearly a dozen transactions completed or in execution. Key numbers: Up to 75% of independently assessed acquisition value can be financed. Why it matters: The emerging business is described as a significant lending opportunity for Indian banks, and private lenders are using M&A advisory mandates to generate cross-sell business such as escrow accounts, demat services and foreign exchange.

RBI rule change drives Indian banks to fund ₹10,000 crore-plus M&A deals.

RBI rule change drives Indian banks to fund ₹10,000 crore-plus M&A deals. — impact context not separately stored; see What changed.