08 Oct 2025 | 5 Mins Read
SBI and counterparts ready to facilitate acquisition financing
Flipitmoney
SBI chairman C S Setty said entities like SBI are well-versed in acquisition financing, and the shift to an expected credit loss (ECL) system won't impact bank balance sheets due to a five-year transition period. Setty emphasized the bank's readiness for transition and its work on improving UPI capabilities, including developing a vendor financing option.