AK News Banks like SBI well versed to handle acquisition financing CS Setty

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Banks like SBI well versed to handle acquisition financing CS Setty

Published on: Oct. 9, 2025, 5:30 a.m. | Source: The Pioneer

Days after the Reserve Bank's decision to allow banks to allow acquisition financing, SBI chairman C S Setty on Wednesday said entities like the country’s largest lender are “well versed” to handle the upcoming line of business. He said the shift to an expected credit loss (ECL) based system

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