New Delhi, Oct. 7 -- As the Reserve Bank of India (RBI) mulls allowing banks to finance domestic mergers and acquisitions (M&As), Axis Bank's MD and CEO Amitabh Chaudhry made it clear that his bank intends not just to participate, but to race ahead of foreign banks, who have traditionally been the dominant players in the segment.

"We want to bank with all the major corporates in India," Chaudhry told reporters on the sidelines of the Global Fintech Fest in Mumbai. "We are the biggest players in bond and loan syndication. We will give all foreign banks a run for their money, especially those that have been financing these acquisitions for the last several years."

His commentary has come against the backdrop of RBI's draft regulations to ...