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 ...

The RBI’s approval allows Emirates NBD, which operates branches in Chennai, Gurugram, and Mumbai, to convert its existing ...

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 has given “in-principle” approval to Emirates NBD Bank PJSC to set up a wholly owned ...

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 ...

Dubai-based Emirates NBD is likely the top bidder to acquire a 61% stake in IDBI Bank, offering $6-7 billion in an all-cash ...

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 ...

Reuters reported last year that the RBI had approved Emirates NBD, among other lenders, as bidders for a majority stake in state-run IDBI Bank. (Reporting by Chris Thomas in Bengaluru, Ira Dugal in ...

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