New Delhi, April 3 The Reserve Bank of India (RBI) has granted approval to Dubai-based Emirates NBD Bank to acquire up to 74% stake in RBL Bank, paving the way for the bank to become a foreign lender.The approval from the RBI came on April 1, with a validity of one year, RBL Bank said in a...
acquisition
banking regulation act
chapter iv of rbi directions
emiratesnbdbank
fema 1999
financial institutions
foreign banks
india
investment agreement
rbl bank
regulatory approvals
reserve bank of india
securities and exchange board of india
shareholding
subsidiary mode
Government May Explore OFS Route to Raise Public Shareholding in IDBI Bank
New Delhi, March 22: The government is considering selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, following an unsuccessful attempt to divest its stake in the...
bank privatization
dipam
emiratesnbdbank
fairfax india
financial bids
government of india
idbi bank
india
investment
life insurance corporation of india (lic)
offer-for-sale (ofs)
public shareholding
reserve bank of india
strategic disinvestment
valuation
