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 of asset provisioning will not impact the balance sheets of banks, given the extended transition period given by the central bank. "We have been doing outbound merger and acquisition financing for Indian corporates acquiring overseas entities. I think banks like SBI are well versed in acquisition financing," Setty told reporters on the sidelines of the annual Global Fintech Fest (GFF) here. It is worth noting that the Reserve Bank had announced a decision to allow banks to engage in acquisition financing, following a public request made by Setty itself a few weeks ago. On the ECL, where the central bank announced the final guidelines on Tuesday, the SBI chairman said the country's largest lende

SBI Securities released a report for State Bank of India on 03 Oct, 2025.

State Bank of India

08 Oct 2025, 12:24PM

858.25

-0.75%

Global Fintech Fest: SBI ready to support India Inc with finance for domestic acquisitions, says Chairman Setty

Business Line

State Bank of India has an average target of 958.08 from 13 brokers.

SBI General's 'Health Alpha': A DIY insurance plan with 50+ custom covers

Business Standard | 08 Oct 2025, 09:50AM 1 more

IDFC First Bank Ltd.

08 Oct 2025, 10:48AM

Company Update

IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Allotment

BSE India

Allotment of Equity Shares pursuant to conversion of CCPS. Please refer the attachment.

pdf

YES Bank Ltd.

08 Oct 2025, 12:13AM

22.04

-0.81%

Company Update

Yes Bank Ltd - 532648 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

BSE India

Intimation of allotment of equity shares pursuant to exercise of stock options under YBL ESOS 2020 Scheme and RSU Plan 2024

pdf

IndusInd Bank Ltd.

07 Oct 2025, 10:54PM

740.95

-1.07%

Rebuilding trust, regaining biz momentum key priorities for IndusInd Bank

Business Standard

The private sector lender is also looking to enhance productivity through innovations in areas such as fintech

IndusInd Bank Ltd. has lost -45.15% in the last 1 Year

YES Bank Ltd.

07 Oct 2025, 09:22PM

22.04

-0.81%

Board Meeting

Yes Bank Ltd - 532648 - Board Meeting Intimation for Intimation Of The Date Of The …

BSE India

Yes Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/10/2025 ,inter alia, to consider and approve Intimation of the date of the Board Meeting for considering Un-audited Financial Results for the Quarter (Q2) and half year ended on September 30, 2025 and Closure of Trading Window

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Is BSE BANKEX worth buying?

46 Votes:

Buy 73.91%

Sell 21.74%

Hold 4.35%