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After the Iran war, Indian banks apply 'tighter filters' before approving Gulf lending
Big names like L&T are insulated, but mid-sized contractors and exporters could feel the squeeze as state-run banks stopped fresh…
India plans USD 1 bn LIC stake sale in major test of market appetite
The LIC sale would be the government’s first major sell-off of the insurer since its listing in 2022
SBI pauses new Gulf lending as Iran crisis drags on,
SBI has paused new GCC business until there is more clarity on the conflict, while PNB is also avoiding fresh…
Private credit funds hit by tighter lending
Private credit funds are facing a liquidity squeeze as rising borrowing costs and stricter bank lending force a shift toward…
India plans Covid-style credit support for businesses hit by war
Rising costs, delayed investments, and cashflow strains could spill into the banking system, with small, medium sized enterprise and retail…
Emirates NBD is one step closer to acquiring India’s RBL Bank
A mandatory open offer will likely be triggered as soon as next week
India’s central bank eases capital market exposure norms
As per the revised limits, banks gain headroom for financing as the Reserve Bank of India lifts lending caps while…
Emirates NBD submits a bid to acquire a majority stake in IDBI Bank
The Dubai-based lender is competing with Canada’s Fairfax for 60.7% of IDBI
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