Man did not disclose UAE bank account and foreign shares in ITR, I-T dept imposed Rs 1.86 lakh penalty; He escalates the case but ITAT Delhi offers no reliefDubai connection: Man claimed friend sent money to Dubai Emirates NBD bank a/c to start business but didn't disclose foreign assets in Sche...
12 Aug, 2026, 11.03 AM IST
SBI returns to dollar bond market after a year, prices five-year notes 88 bps over US TreasuryState Bank of India is targeting up to $500 million through a five-year dollar bond after attracting over $2 billion in peak orders. Strong...
11 Aug, 2026, 06.42 PM IST
Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...
10 Aug, 2026, 01.36 PM IST
RBL Bank Q1 Results: Net profit rises 27% YoY to Rs 254 crore; Emirates NBD ownership boosts growth outlookRBL Bank reported a 27% YoY rise in Q1 FY27 standalone net profit to Rs 254 crore, while net interest income increased 12%. The lender said...
18 Jul, 2026, 04.49 PM IST
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
15 Jul, 2026, 10.20 AM IST
India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
14 Jul, 2026, 11.33 AM IST
Indian banks slash short-term debt sales on cheaper forex fundingIndian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driv...
06 Jul, 2026, 08.04 AM IST
Global stocks: UAE markets end higher; IHC gains on India aluminium ventureUAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased...
03 Jul, 2026, 06.06 PM IST
Capri Global eyes up to $500 million offshore bond issueCapri Global Capital is venturing into international markets for the first time, planning to raise $300-500 million through overseas bonds....
30 Jun, 2026, 05.59 AM IST
Emirates NBD completes acquisition of RBL BankThe investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share,...
19 Jun, 2026, 12.33 AM IST
Government gives final nod to Emirates NBD's $3 billion majority stake in RBL BankDubai's Emirates NBD has secured all necessary approvals for its significant investment in RBL Bank. This landmark deal, valued at approxim...
15 May, 2026, 07.46 PM IST
RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaitedRBL Bank has secured crucial approval from the Reserve Bank of India for its deal with Emirates NBD Bank. This clearance is expected to ini...
02 Apr, 2026, 09.50 AM IST
Emirates NBD Bank gets CCI's nod to acquire majority stake in RBL BankIndia's fair trade regulator, CCI, has approved Emirates NBD Bank's acquisition of a majority stake in RBL Bank. This move follows an agree...
20 Jan, 2026, 08.58 PM IST
RBL to seek DPIIT nod to raise its FDI ceiling to 74%RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processin...
28 Oct, 2025, 05.44 AM IST
Foreign firms being allowed to acquire Indian banks imprudent, poses substantial risks: CongressAs foreign investment in India's banking sector grows, recent acquisitions have caught the attention of many. The Congress party expresses ...
19 Oct, 2025, 01.48 PM IST
Emirates NBD gets ready with $ 1.7 billion cheque to buy majority control of RBL BankEmirates NBD Bank is in advanced talks to invest Rs 15,000 cr in RBL Bank, aiming to become its largest shareholder with a 51% stake. The d...
14 Oct, 2025, 08.44 AM IST
RBI okays Emirates NBD Bank PJSC's subsidiary plan in IndiaThe Reserve Bank of India has granted "in-principle" approval to Emirates NBD Bank PJSC, based in the UAE, to establish a wholly-owned subs...
19 May, 2025, 08.32 PM IST