Debt capital desks may leak as banks start M&A financing

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.

from Economic Times https://ift.tt/bhOoAVK