Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SBI Urges RBI To Permit Banks To Finance Acquisitions
SBI has urged the RBI to permit banks to finance acquisitions. This request is a significant development in the banking and corporate finance sectors. If approved, it would allow banks to play a larger role in corporate mergers and acquisitions by providing debt financing. This would not only benefit banks by opening up a new revenue stream but also provide companies with more flexible and accessible funding options for strategic growth.