Tag: rbl bank
Discussing with RBI, banks on consolidation, says FM Nirmala Sitharaman
The government is discussing with the RBI and banks on the need to have bigger banks in India and to create a conducive environment for…
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…
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
Global banks bet billions on India amid US credit jitters| Business News
A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries…
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…
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…
Festive demand, GST cuts likely to cushion tariff impact: Bankers
Mumbai: Increased domestic demand during the ongoing festive season, aided by goods and services tax (GST) rate cuts, could boost the prospects of US tariffs-hit…