M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans for BoB Capital Markets, and he tells you: “We can play a good role on the advisory side as far as mergers and acquisitions (M&As) are concerned.”The managing director and chief executive officer (CEO) of Bank of Baroda (of which BoB Capital is a subsidiary) gives you a glimpse of his ambitions.“If need be, we can e ...