If you ever owned one of those old Sony Cyber-shot compacts with the sliding front cover, you probably remember the oddly satisfying sound it made as the lens popped out. That tiny mechanical flourish ...

Three major Emirati institutions are betting that India’s banks and nonbanking financial companies (NBFCs) will bring the country’s financial sector into the global spotlight in 2025. In October, ...

Emirates NBD remains an active contender in the process to acquire a stake in IDBI Bank, even after announcing a $3bn agreement for purchasing a 60% holding in RBL Bank, reported CNBC-TV18 citing ...

MUMBAI: RBL Bank's shareholders on Nov 12 approved key resolutions at an extraordinary general meeting in Mumbai, making way for its amalgamation with Emirates NBD Bank's India branch and a major ...

Mahindra & Mahindra has divested its entire 3.5% stake in RBL Bank for Rs 678 crore, realizing a significant gain. This move precedes Emirates NBD's open offer to acquire a substantial stake, aiming ...

The offer covers up to 41.56 crore equity shares with a face value of INR10 each, priced at INR280 per share. Image: Shutterstock RBL Bank has announced that Emirates NBD Bank’s open offer to acquire ...

Emirates NBD’s Digital Wealth platform has boosted the group's Assets Under Management (AUM) up to US$53 billion. Image: Shutterstock Emirates NBD delivered AED36.7 billion (US$10 billion) income for ...

MUMBAI: Emirates NBD Bank’s decision to buy a controlling stake in RBL Bank for $3 billion is likely to see more global banks looking at having an India play. With the banking regulator likely to ...

MUMBAI/DUBAI - Middle Eastern bank Emirates NBD will buy a 60% stake in Indian private lender RBL Bank for $3 billion, in the largest cross-border acquisition in India's financial sector. Emirates NBD ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Since launching two years ago, the initiative has worked with ...

RBL Bank, whose majority stake is set to be acquired by Dubai-based Emirates NBD, expects the first tranche of capital from the lender to come in within five to seven months after receiving regulatory ...

NEW DELHI: In one of the largest-ever FDI in Indian financial services sector, UAE-based Emirates NBD Bank and RBL Bank Limited has announced that their respective Boards have approved definitive ...