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
emirates nbd bank
fema1999
financial institutions
foreign banks
india
investment agreement
rbl bank
regulatory approvals
reserve bank of india
securities and exchange board of india
shareholding
subsidiary mode
