Emirates NBD Buys 7.76% Stake in RBL Bank for $490M
Dubai's Emirates NBD makes strategic $490.7 million investment in India's RBL Bank, acquiring 7.76% stake in one of the largest foreign direct investments in Indian banking history.
Dubai's Emirates NBD makes strategic $490.7 million investment in India's RBL Bank, acquiring 7.76% stake in one of the largest foreign direct investments in Indian banking history.
Dubai's Emirates NBD acquires 7.75% stake in RBL Bank, marking significant foreign investment in India's private banking landscape. Exclusive talks underway for additional stake purchase.
BJP strongly counters Congress leader Jairam Ramesh's criticism of foreign firms acquiring Indian banks, accusing Congress of hypocrisy and defending government policies. Get the full political showdown details.
RBL Bank's strategic shift from private to listed foreign bank status gains momentum as Emirates NBD anticipates regulatory approvals within 5-6 months, marking a significant evolution in India's banking landscape.
Goldman Sachs forecasts RBI rate cuts starting October 2024, with GST reforms driving significant credit growth and economic expansion in India.
HDFC Bank's CEO Sashidhar Jagdishan reveals AI integration strategy focusing on employee upskilling rather than job cuts. Discover how India's banking giant is balancing technology and human resources.
RBL Bank CEO R Subramaniakumar reveals timeline for Emirates NBD's strategic investment, marking a significant milestone in the bank's capital enhancement journey. Get exclusive insights into the regulatory approval process and future growth plans.
HDFC Bank's CEO Sashidhar Jagdishan reveals AI integration strategy focusing on employee upskilling rather than job cuts. Exclusive insights on banking's technological transformation.
ICICI Bank reports robust Q2 FY2024 performance with 5.2% net profit growth, 23.8% surge in net interest income, and improved asset quality. Complete analysis of the banking giant's quarterly results.
HDFC Bank reports impressive Q2 FY25 results with 10.8% net profit growth reaching ₹18,640 crore. Discover how India's leading private bank achieved robust performance despite economic headwinds.
HDFC Bank reports impressive Q2 performance with 30% net profit growth and 5% sequential credit expansion, highlighting resilience in India's banking sector amid economic challenges.
In a major cross-border banking move, Dubai's Emirates NBD secures majority stake in India's RBL Bank, marking one of the largest foreign investments in Indian banking sector.
Japan's Sumitomo Mitsui Banking Corporation receives RBI approval for strategic investments in RBL Bank and YES Bank, signaling strong foreign confidence in India's banking sector.
Dubai's Emirates NBD announces massive $3 billion investment to acquire majority stake in India's RBL Bank, marking one of the largest foreign banking deals in Indian financial history.
Federal Bank reports surprising 9.5% drop in net profit to Rs 906 crore for Q4 FY24, despite robust operating income growth, as higher provisions take their toll. Key financial highlights and analysis.
IndusInd Bank faces unexpected ₹437 crore loss in Q2 FY26 as microfinance provisions hit profits. Discover how the banking sector is navigating these challenges and what's next for investors.
ICICI Bank reports robust Q4 FY2024 performance with 5.2% net profit growth to ₹12,359 crore. Discover the key financial highlights, NII surge, and what drove this impressive performance.
HDFC Bank reports robust Q2 FY26 performance with 10.8% net profit growth, improved asset quality, and strong business expansion. Complete analysis of India's leading private sector bank results.
IDFC First Bank reports stellar Q2 performance with 75.5% surge in net profit, robust NII growth, and improved asset quality. Complete analysis of the quarterly results.
Punjab National Bank reports impressive Q2 FY2024 results with 14% YoY profit growth, reduced NPAs, and strong operational performance. Get all the details here.
ICICI Bank reports robust Q2 FY2024 performance with 5.2% net profit growth and 7.4% increase in net interest income. Discover how India's second-largest private lender strengthened its asset quality and expanded its loan portfolio.
YES Bank delivers robust Q2 FY2025 results with 18% YoY profit growth, steady asset quality, and expanding net interest margin. Key financial highlights and analysis.
Federal Bank reports 9.51% decline in Q2 net profit to ₹992 crore despite healthy NII growth of 18%. Rising provisions and operational costs impact bottom line. Read complete analysis.
India's electricity sector requires fundamental reforms beyond new legislation to achieve reliable, affordable power for all. Discover the transformative changes needed for a sustainable energy future.
India's new Draft Electricity Amendment Bill 2025 promises to transform the power sector by ending distribution monopolies, promoting renewable energy, and empowering consumers with choice.
The new draft Electricity Amendment Bill 2025 proposes sweeping reforms to transform India's power distribution, promote renewable energy, and empower consumers with choice and competition.
Goldman Sachs' Chief Credit Strategist, Lotfi Karoui, exits the investment banking giant after nearly two decades, marking a significant departure in the firm's research leadership.
Punjab Police Chief Gaurav Yadav addresses rising concerns over police suicides, assures comprehensive investigation into all aspects including service conditions and mental health.
Odisha Governor Raghubar Das reveals comprehensive plan to appoint Vice-Chancellors across state universities, followed by massive faculty hiring initiative to strengthen higher education infrastructure.
Despite massive investments in digital infrastructure, India's e-governance initiatives face critical structural challenges. Discover the systemic issues preventing technology from truly transforming public service delivery.