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RBL BANK STAKE
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,...- Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 othersSunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also...
- RBL Bank taps HDFC veteran Bhavin Lakhpatwala as CFORBL Bank has appointed Bhavin Lakhpatwala as its new Chief Financial Officer. Lakhpatwala joins from HDFC Bank, bringing over 25 years of f...
- Quant Small Cap Fund exits HDFC Bank, Jio Financial Services and 5 other stocks in AprilQuant Small Cap Fund reshuffled its portfolio in April, exiting seven stocks including HDFC Bank and Jio Financial Services while adding ne...
- Pvt sector deals are key to push India-United Arab Emirates ties ahead, says UAE MinisterIndia and UAE are set to boost their partnership through joint investments and improved logistics. The UAE's Minister of Foreign Trade high...
- 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...
- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- RBL Bank Q4 Results: Profit soars 233% YoY to Rs 230 croreRBL Bank reported a significant three-fold surge in net profit for the fourth quarter, reaching Rs 230 crore, driven by robust business exp...
- 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...
- Govt explores options to retain 51% stake in merged PFC-REC entityThe government is considering issuing preference shares or fresh equity to keep its stake above 51 percent in the Power Finance Corporation...
- RBL Bank shares jump 4% after exceptional Q4 update, RBI’s approval for Emirates NBD’s 74% stake acquisitionRBL Bank shares rose sharply on Monday after strong Q4 business numbers and the RBI’s nod for Emirates NBD to acquire up to 74% stake in th...
- Stocks in news: HDFC Bank, RBL Bank, Dabur, Tata Motors PV, Tata SteelIndian markets experienced significant volatility, closing flat-to-positive after a sharp recovery. Analysts anticipate continued fluctuati...
- RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisitionEmirates NBD has received RBI approval to acquire up to 74% stake in RBL Bank, making it a foreign bank post-acquisition. Voting rights wil...
- 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 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 ...
- 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...
- Emirates NBD to invest $3 billion in RBL Bank for 60% stake; largest FDI in financial servicesPrimary capital will be raised via preferential allotment. The open offer will get triggered for additional 26% stake, giving Emirates bank...
- Societe Generale buys stake worth Rs 79 crore in RBL Bank via bulk dealSociete Generale purchased over 31 lakh shares of RBL Bank in bulk deals. The transaction was valued at Rs 79 crore. RBL Bank's shares clos...
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