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RBL delivers strong earnings debut after Emirates NBD takeover
The quarterly results point to resilient earnings and rapid corporate loan growth as the UAE lender begins integrating RBL Bank…
THIS AFTERNOON: ENBD runs the final lap for RBL takeover
Plus: First Adnoc LNG cargo reaches India since war began
THIS AFTERNOON: Emirates NBD secures board approval to merge its India unit with RBL Bank
Plus: Saudi gains top spot as India cuts Russian crude imports
RBL Bank’s request for 24% foreign ownership cap rejected amid Emirates NBD acquisition
The decision could limit ENBD’s proposed acquisition to 51%, below the earlier 60% plan
RBL Bank’s bid for temporary 24% foreign ownership cap denied by regulators
The decision could limit ENBD’s proposed acquisition to 51%, below the earlier 60% plan
ENBD outlines post investment strategy for RBL Bank, expresses faith in Indian economy and regulators
The investment will significantly lift RBL’s capital base and support a lending expansion of more than USD 25 bn
ENBD, RBL Bank meet in Mumbai to shape post-investment plan
ENBD is acquiring a majority stake in RBL Bank