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
rbl bank
regulatory approvals
reserve bank of india
securities and exchange board of india
shareholding
subsidiary mode
New Delhi, March 30 Black Box, a digital infrastructure solutions provider and a firm within the Essar Group, announced on Monday that it had raised ₹386.36 crore through the conversion of warrants into equity shares, with promoters contributing ₹200 crore to the total investment.According to...
black box
capital infusion
company growth
corporate finance
digital infrastructure
equity financing
essar group
financial investment
india
investment
mergers and acquisitions
new delhi
sanjeev verma
shareholding
warrant conversion
New Delhi, March 18 Bain Capital has received approval from the RBI for joint management control of Manappuram Finance and its subsidiaries following the acquisition of a stake in the gold loan firm.Following the proposed acquisition of up to 41.66 per cent stake in Manappuram Finance, its...
New Delhi, February 17 Aakash Educational Services Ltd (AESL) on Tuesday told the Supreme Court that 25.7 per cent of the stake held by edtech major Byju's in Aakash shall remain secured until the disposal of a pending petition before the National Company Law Appellate Tribunal (NCLAT), Chennai...
aakash educational services ltd
bengaluru
byju's
chennai
corporate governance
equity tranche
financial dispute
glas trust
insolvency and bankruptcy code (ibc)
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
rights issue
rights issue tranche
shareholding
special resolution