印度将合并和收购交易的银行贷款限额提高至资本的20%,从2026年4月1日起生效。 India raises bank loan limits for M&A deals to 20% of capital, effective April 1, 2026.

印度储备银行已最后确定新的购置款融资规则,从2026年4月1日起生效,将拟议的第一级资本10%的贷款上限提高到合格资本的20%。 The Reserve Bank of India has finalized new acquisition financing rules effective April 1, 2026, raising the lending cap to 20% of eligible capital from a proposed 10% of Tier 1 capital. 如果公司在受控实体中的股份从26%增加到90%,只要借款人符合严格的标准,包括最低净值500克鲁尔、三年净利润以及未列入名单的投资等级评级,银行现在可以资助合并和收购。 Banks can now finance mergers and acquisitions where a company increases its stake from 26% to 90% in a controlled entity, provided the borrower meets strict criteria including a minimum net worth of ₹500 crore, three years of net profit, and an investment-grade rating if unlisted. 这些规则允许重新为与交易相关的目标债务融资,扩大符合资格的抵押品的范围,将政府证券、共同基金和REITs包括在内,并将高评级债务的贷款到价值限额提高到85%,将股票基金和REITs的贷款到价值限额提高到75%。 The rules allow refinancing of target debt integral to the deal, expand eligible collateral to include government securities, mutual funds, and REITs, and raise loan-to-value limits to 85% for high-rated debt and 75% for equity funds and REITs. 股票和知识产权的零售贷款限额也增加了,需要25%的现金差额。 Retail loan limits for shares and IPOs have also increased, with a 25% cash margin required. 该框架适用于基础设施信托,旨在提高市场效率,同时保持对风险的控制。 The framework applies to infrastructure trusts and aims to enhance market efficiency while maintaining risk controls.