Dubai's largest lender, Emirates NBD, has gained a significant edge in its pursuit to acquire a majority stake in IDBI Bank, ...

Emirates NBD is currently in the race to acquire IDBI Bank, alongside Prem Watsa’s Fairfax Capital. A wholly-owned subsidiary ...

The Reserve Bank of India (RBI) has issued “in-principle” approval to Emirates NBD Bank PJSC, allowing the establishment of a ...

The Dubai bank will be treated on par with local banks after establishing a WOS; It will be allowed to list on Indian stock markets, and acquire other companies ...

Reuters reported last year that the RBI had approved Emirates NBD, among other lenders, as bidders for a majority stake in ...

Dubai-based Emirates NBD has received RBI's in-principle approval to convert its three India branches into a wholly owned ...

Emirates NBD was one of the suitors for private sector lender IDBI where the government and the Life Insurance Corp of India (LIC) want to sell 61% of their stake, per media reports. The Economic ...

The Reserve Bank of India has completed its review of potential buyers for a majority stake in IDBI Bank (IDBI.NS), opens new tab, approving Fairfax Financial Holdings, Emirates NBD and Kotak ...

Emirates NBD is also in talks for a stake in Yes Bank. It is also participating in the stake sale process for IDBI Bank, said one of the three sources above and a fifth person familiar with the ...

After months of delay, the divestment of IDBI Bank may advance to the next stage, with highly placed sources indicating that the Reserve Bank of India has granted the necessary approval.