Mitsubishi UFJ Financial Group of Japan (MUFG) and the State Bank of India, India’s largest public sector bank, will partner to structure and finance projects, including mergers, acquisitions, and real estate for Indian and international clients.

The move follows central bank reforms that let domestic lenders fund up to 75% of acquisition value for listed and unlisted firms and allow funding acquisitions up to 20% of a bank’s eligible capital base from April 1.