In 2025, merger and acquisition (M&A) transactions across
much of the world are taking longer to finalize, particularly in
financial services. While global geopolitical and macroeconomic
uncertainty persists, artificial intelligence (AI) is emerging as a
disruptive force that financial institutions, including banks and
non-banking financial companies (NBFCs) must navigate. The
disruption could also potentially impact dealmaking in the
sector.
Despite global uncertainties, India remains fundamentally strong
with long-term potential. To explore emerging M&A trends in
Indian financial services, VCCircle caught up with Bhavik Hathi,
managing director at Alvarez & Marsal's Global Transaction
Advisory Group. In the interview, Hathi shared insights on private
equity activity in the banking, financial services and insurance
(BFSI) sector, the firm's expansion strategy, and more.
