New Reserve Bank of India guidelines liberalize merger and acquisition financing, allowing Indian banks to fund up to 75% of acquisition costs with a 3:1 debt-equity ratio. This unlocks a potential $10-15 billion annual opportunity for domestic lenders, previously dominated by offshore entities, fostering a new, high-value asset class.
Asset allocation should not be momentum driven: Navneet Munot on gold rush and markets
HDFC AMC MD & CEO Navneet Munot advises investors against momentum-driven decisions, emphasizing disciplined, multi-asset investing. He highlights India’s structural growth story despite near-term volatility