The RBI’s approval allows Emirates NBD, which operates branches in Chennai, Gurugram, and Mumbai, to convert its existing ...

Emirates NBD is currently in the race to acquire IDBI Bank, alongside Prem Watsa’s Fairfax Capital. A wholly-owned subsidiary ...

The Reserve Bank of India (RBI) has issued “in-principle” approval to Emirates NBD Bank PJSC, allowing the establishment of a ...

The Dubai bank will be treated on par with local banks after establishing a WOS; It will be allowed to list on Indian stock markets, and acquire other companies ...

The Reserve Bank of India has given “in-principle” approval to Emirates NBD Bank PJSC to set up a wholly owned ...

Emirates NBD was one of the suitors for private sector lender IDBI where the government and the Life Insurance Corp of India (LIC) want to sell 61% of their stake, per media reports. The Economic ...

Reuters reported last year that the RBI had approved Emirates NBD, among other lenders, as bidders for a majority stake in state-run IDBI Bank. (Reporting by Chris Thomas in Bengaluru, Ira Dugal in ...

India’s central bank has given an “in-principle” approval to Emirates NBD Bank, Dubai’s biggest bank by assets, to set up a wholly owned subsidiary in India. The Dubai-listed lender currently offers ...

Emirates NBD has been selected to move forward with its bid for a significant stake in IDBI Bank, a major Indian lender with government backing. The Dubai-listed financial institution joins two other ...

in which shareholders are looking to sell a 51% stake, has drawn interest from Japan’s Sumitomo Mitsui Banking Corp (SMBC) and Emirates NBD, Reuters has reported. IDBI Bank, in which the Indian ...