New Delhi, April 3 The Reserve Bank of India (RBI) has granted approval to Dubai-based Emirates NBD Bank to acquire up to 74% stake in RBL Bank, paving the way for the bank to become a foreign lender.The approval from the RBI came on April 1, with a validity of one year, RBL Bank said in a...
acquisition
banking regulation act
chapter iv of rbi directions
emirates nbd bank
fema 1999
financial institutions
foreign banks
india
investment agreement
rblbank
regulatory approvals
reserve bank of india
securities and exchange board of india
shareholding
subsidiary mode
Mumbai, March 31 Private sector lender RBL Bank announced on Tuesday that it plans to open 200 branches in FY27 to expand its network to over 800 branches.The lender launched 23 new branches across various states on Tuesday, bringing its total branch size to over 603, according to a statement...
bank branches
banking
branch expansion
chennai
dbs aspire
dbs india
distribution network
emerging affluent segment
financial products
financial services
forex market
india
kerala
niyo
rblbank
Karimnagar (Telangana), March 28 A large network involved in operating illegal mule bank accounts used for fraudulent financial transactions was busted on Saturday, police officials said.The operation, nicknamed 'Operation Crackdown 1.0' by the Karimnagar police, identified 24 suspects, and 13...
New Delhi, March 17 RBL Bank announced on Tuesday that it has been appointed as one of the collecting banks for the proposed Initial Public Offering (IPO) of XED Executive Development Ltd, the first public offering to be launched from India’s International Financial Services Centre (IFSC) at...
bhim payments app
book-built issue
digital payments
gift city
india
india inx
initial public offering
international investors
ipo
ms dhoni
nbsl
non-resident investors
nse ifsc
rblbank
usd-denominated offering
xed executive development ltd