Reserve Bank of India’s new proposal will allow banks to fund mergers and acquisitions. This change is expected to reduce fee income for debt capital market bankers. Previously, non-bank lenders and private funds dominated this financing. Now, banks entering this space may compress spreads and increase competition. This shift impacts how M&A deals are financed in India.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove