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Dubai-headquartered bank Emirates NBD is willing to shell out $6-7 billion in an all-cash deal for a 61 percent stake in IDBI ...
Dubai's largest lender, Emirates NBD, has gained a significant edge in its pursuit to acquire a majority stake in IDBI Bank, a prominent Indian lender, following the Reserve Bank of India’s (RBI) ...
Dubai-listed Emirates NBD has been shortlisted to submit a bid to buy a majority stake in Indian state-backed IDBI Bank, according to a media report. The other two bidders are Canada-based Fairfax ...
Talks could be delayed due to volatility in the Japanese market and a parallel government stake sale process in IDBI Bank , a fifth person familiar with the process said. Emirates NBD, one of the ...
Emirates NBD and others are interested in acquiring a majority stake in IDBI Bank, as the government initiates its disinvestment process, reported Business Standard. The government is offering a ...
The Reserve Bank of India (RBI) has completed its review of potential buyers for a majority stake in IDBI Bank, approving Fairfax Financial Holdings, Emirates NBD and Kotak Mahindra Bank as ...
Currently, foreign institutions can hold up to 15% in an Indian bank, but any stake above 5% requires approval from the ...
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 ...