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‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim
MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic relationship is shifting from trade and remittances towards capital and control. The Dubai-based lender now counts India among its five core strategic markets, alongside the UAE, Saudi Arabia, Egypt and Turkey.
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thehindubusinessline.com
Emirates NBD completes acquisition of majority stake in RBL Bank with $2.75 billion investment
Emirates NBD completes $2.75 billion acquisition of majority stake in RBL Bank, marking a significant investment in India's banking sector.
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RBL Bank’s board reconstituted following Emirates NBD Bank taking majority stake
RBL Bank's board reconstitution follows Emirates NBD's majority stake acquisition, positioning it for future growth and stability.
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economictimes.indiatimes.com
Emirates NBD completes acquisition of RBL Bank
The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share, aggregating to about Rs 26,016 crore.…
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timesofindia.indiatimes.com
‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim
MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic…