The Nifty PSU Bank index jumped sharply by 3% on May 30, adding a whopping Rs 3.7 lakh crore to investors' pockets.

Dubai-based Emirates NBD is likely the top bidder to acquire a 61% stake in IDBI Bank, offering $6-7 billion in an all-cash ...

Dubai-headquartered bank Emirates NBD is willing to shell out $6-7 billion in an all-cash deal for a 61 percent stake in IDBI ...

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

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

RBI Grants In-Principle Approval to Emirates NBD Bank PJSC - The Reserve Bank of India (RBI) has granted in-principle approval to Emirates NBD Bank PJSC to set up a wholly ...

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 ...

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

Reuters reported last year that the RBI had approved Emirates NBD, among other lenders, as bidders for a majority stake in ...