India's RBL Bank surged to a five-year high on Monday after Dubai-based Emirates NBD decided to purchase a $3 billion stake ...
(Reuters) -Shares of India's RBL Bank surged to a five-year high after Emirates NBD announced a $3 billion investment in the ...
Bankers say the move indicates a shift in policy that could lead to a wave of mergers and acquisitions in the financial ...
Emirates NBD Bank (PJSC) and RBL Bank have entered into a definitive agreement for ENBD to acquire a majority stake in the ...
The bank also plans to foray into asset management, stock broking, and wealth management, leveraging Emirates NBD’s ...
Shares of private sector lender RBL Bank jumped over 6.5% to a fresh 52-week high following the announcement of stake ...
The Dubai bank will take a controlling stake via a preferential issue of up to 60%. As part of this transaction, ENBD will ...
Emirates NBD Bank PJSC, a financial institution based in the UAE, has announced plans to invest about $3 billion (around Rs.
Analysts at CLSA called it a "landmark deal" for a financial services company in India, noting that benefits from the ...
RBL Bank shares jump 9% on news of Emirates NBD Bank's $3 billion fund infusion. Merger details and future growth plans ...
RBL Bank's shares surged over 9% following the announcement of a USD 3 billion investment from Emirates NBD Bank, marking the ...
RBL Bank Employees Union protests UAE's Emirates NBD takeover, citing threat to India's financial sovereignty by foreign control.
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