Masdar withdraws take-private bid for India’s Renew, while Emirates NBD reportedly could drop plans to acquire another stake in an Indian bank
Masdar pulled the plug on the transaction without disclosing the reason
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Masdar pulled the plug on the transaction without disclosing the reason
The investment will significantly lift RBL’s capital base and support a lending expansion of more than USD 25 bn
ENBD is acquiring a majority stake in RBL Bank
The finance minister said talks with RBI and banks are underway to create globally competitive lenders
Indigo said the financing would strengthen future collaboration with the Emirati lender
Federal Bank is a private sector lender, headquartered in Kerala, with over 1.5k branches across India.
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