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EMIRATES NBD DEAL
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...
Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
Buy the dip in banks, autos, and defence, says Aditya Kondawar; here's exactly what he is watchingDespite a prolonged market correction in March, Aditya Kondawar of Complete Circle Capital has been actively investing in BFSI, automobiles...
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...
UAE Central Bank clears Emirates NBD-RBL dealThe approval also covers the amalgamation of Emirates NBD's existing operations in India into RBL Bank, subject to the necessary regulatory...
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...
Emirates NBD proposes to launch open offer for RBL Bank stake on December 12Emirates NBD Bank plans to acquire a significant stake in RBL Bank. An open offer at Rs 280 per share will commence from December 12. This ...
Emirates NBD launches Rs 11,636 crore open offer for 26% in RBL BankEmirates NBD, Dubai’s largest bank, launched an open offer to acquire 26% of RBL Bank at ₹280 per share, following its ₹26,853 crore strate...
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...
RBL Bank shares surge 5% to 52-week high on Q2 beat, Emirates NBD’s Rs 26,853 crore stake buyRBL Bank shares surged to a 52-week high following its September quarter earnings and a landmark investment agreement with Emirates NBD. Th...
RBL Bank–Emirates NBD deal set to close in 5–8 monthsRBL Bank anticipates its $3 billion share purchase deal with Emirates NBD to conclude within 5-8 months, with the full infusion expected th...
RBL Bank eyes wealth business after Emirates NBD dealEmirates NBD is acquiring a 60% stake in RBL Bank for $3 billion. This significant deal will allow RBL Bank to launch a wealth management b...
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 ...
RBL Bank board to consider fundraising plan on Oct 18RBL Bank's board will meet on October 18 to consider raising funds. This includes issuing equity shares or other linked instruments. The ba...
RBL Bank shares rally 3% as Dubai-based Emirates NBD Bank eyes up to 20% stakeRBL Bank shares: The stock, which has surged over 21% in the past month and more than 64% in the last six months, extended its winning stre...
Saudi's NCB looks to bolster Tier 1 with dollar sukuk: DocumentNCB, majority owned directly and indirectly by the Saudi government, hired Citi, Emirates NBD Capital, Goldman Sachs International, JPMorga...
Emirates bank, SBI join hands for easier remittancesA leading UAE-based bank has announced a partnership deal with State Bank of India to help NRI customers in the gulf carry out their remitt...