SBI Chairman CS Setty advocates for regulatory flexibility, urging the RBI to allow local lenders to fund corporate M&As, particularly for listed companies with transparent shareholder approvals. This comes amid discussions on evolving corporate credit trends, with banks shifting towards short-term working capital.
Why is stock market rising today? Sensex jumps 400 points, Nifty above 24,450. 5 key factors explained
Indian markets reversed early losses to trade higher, supported by a stronger rupee, continued FII buying and oil prices staying below $100 per barrel. Benchmark