Finance
DeluluBanks Creep into Acquisition Financing with New RBI Rules
Yo, banks are like, creeping into acquisition financing now 'cause the RBI just dropped some new rules. Starting April 1, they're playing it super safe, like a toddler with a new toy. Small deals only, testing the waters for the next decade, while keeping a chill 20% cash flow. MSMEs better watch out, the big dogs are sniffing around but they’re being picky about it!
few days ago | Subrata Panda
Quick rundown
1.RBI opens doors for cautious acquisition financing.
2.Banks to start small with acquisition funding.
3.New guidelines allow up to 20% funding of eligible capital.
4.Valuation methodology includes independent valuers.
5.Focus on MSME acquisitions for manageable risk.
