Acquisition Finance in India
Ameya Khandge
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Episode 1 :
Unlocking Bank Capital
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Episode 2 :
Leveraging Global Capital
06 Jul 2026
Unlocking Bank Capital
In Episode 1, our Partner, Ameya Khandge, discusses how Indian banks can now fund domestic acquisitions. The episode highlights key conditions under the 2026 acquisition finance framework for Indian banks, including eligibility requirements for borrowers. Ameya also touches upon credit guardrails in this context, covering prescribed debt-equity ratios in acquisition finance, and parent guarantee requirements.
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Leveraging Global Capital
Our Partner, Ameya, delves into the ECB route for funding domestic acquisitions in India and discusses how the 2026 amendments have expanded M&A financing in India via ECBs. Ameya highlights key aspects of the 2026 amendments, including changes to ECB end-use norms, relaxation of all-in-cost ECB restrictions, and how this positions ECBs alongside domestic bank lending as a viable source for corporate acquisition funding. He discusses how existing structures, such as the FPI NCD framework, may continue to play a role in certain transactions.
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