Group 1: Mergers and Acquisitions (M&A) Financing - State Bank of India (SBI) is preparing to underwrite domestic mergers and acquisitions as the Reserve Bank of India (RBI) considers regulatory changes to allow this [1][3] - SBI has extensive experience in financing outbound M&A for Indian corporates acquiring overseas entities, indicating readiness for domestic M&A financing [2][3] - The RBI's draft framework aims to provide domestic banks with a level playing field for acquisition financing, which has traditionally been dominated by foreign banks and other financial institutions [3][4] Group 2: Potential Market Impact - M&A deals in fiscal year 2024 are valued at over $120 billion (approximately ₹10 lakh crore), with a potential credit growth of ₹1.2 lakh crore if 30% of the debt component is financed by banks [5] - The regulatory changes could unlock significant value in the corporate funding lifecycle, enhancing the role of domestic banks in M&A transactions [4] Group 3: Small-Ticket Loans and Digital Financing - SBI is exploring opportunities to expand small-ticket digital loans through the Unified Payments Interface (UPI), emphasizing the need for a robust collection recovery process [6][8] - The bank is leveraging predictive AI models to offer pre-approved loans to a large customer base, with a focus on enhancing credit availability through UPI [7][10] - Vendor financing is being evaluated, allowing small businesses to access working capital against UPI-based receivables, similar to existing credit card receivables [9][12] Group 4: Financial Performance - For the quarter ended June, SBI's gross loan book increased nearly 12% year-on-year to ₹42.54 trillion, with the corporate loan book growing 5.7% to ₹12 trillion [13]