Tag: Emirates NBD

The government is set to scrap the bids it received for a majority stake in IDBI Bank as the amounts were below the minimum price sought. (Mint)
Posted in Business

IDBI Bank shares tumble after govt stake sale plans reportedly scrapped| Business News

The stock of IDBI Bank Ltd. fell the most since at least June 2024 after reports that the government has decided to scrap its stake-sale…

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RBL Bank's stake sale to Emirates NBD is seen as the biggest foreign investment in India's financial services sector. (Livemint)
Posted in Business

M&M sells entire 3.5% stake in RBL Bank ahead of open offer by Emirates NBD| Business News

Mahindra & Mahindra Ltd. has sold its entire 3.5% stake in RBL Bank Ltd. at 62.5% gain, ahead of an open offer by Dubai’s Emirates…

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RBL Bank's stake sale to Emirates NBD is seen as the biggest foreign investment in India's financial services sector. (Livemint)
Posted in Business

RBL Bank surges most in 5 years after biggest stake-sale deal in Indian banking| Business News

Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking…

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RBL Bank's stake sale to Emirates NBD is seen as the biggest foreign investment in India's financial services sector. (Livemint)
Posted in Business

Dubai’s Emirates NBD to acquire 60% of RBL Bank in $3-billion stake sale deal| Business News

Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in…

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