An accommodative stance by the Reserve Bank of India (RBI) and strong domestic demand will help triple both inbound as well as domestic acquisitions into India, making the country a global hotspot in the next three years, US based law firm Baker McKenzie said in a report on Tuesday. The Chicago based firm which is present in 47 countries globally predicts that the total amount of merger and acquisition transactions in India including domestic deals will almost triple to $49.3 billion in 2019, from $17.5 billion in 2016, before falling off to $38.8 billion in 2020.