Current Affairs · Banking and Finance
Consider the following statements regarding bank financing for mergers and acquisitions as per Indian regulations: 1. Under standard RBI guidelines, banks are generally permitted to extend acquisition finance for corporate takeovers subject to strict regulatory ceilings. 2. RBI has historically maintained conservative limits on banks' Capital Market Exposure (CME) to mitigate systemic risk. 3. Acquisition financing rules require targeted due diligence and are subject to restrictions under the Banking Regulation Act. Which of the statements given above are correct?
- 11 and 3 only
- 22 and 3 only
- 31 and 2 only
- 41, 2 and 3✓
Correct answer
1, 2 and 3
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