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flag SBI and Axis Bank plan to expand domestic M&A financing, following RBI's new framework.

flag State Bank of India plans to expand its financing for domestic mergers and acquisitions, following the Reserve Bank of India’s development of a framework to allow banks to fund such deals. flag SBI Chairman Challa Sreenivasulu Setty said the bank is prepared to support Indian companies in domestic M&A, building on its existing role in overseas acquisitions. flag The RBI’s shift to an Expected Credit Loss provisioning system, set for implementation in FY27, is expected to have minimal impact due to a five-year transition period. flag SBI is also advancing vendor financing using UPI transaction data and exploring UPI-based farm loans. flag Meanwhile, Axis Bank announced plans to enter the M&A financing space, aiming to compete with foreign banks and private equity firms, with regulatory approval pending.

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