Emirates NBD is looking to establish an investment banking franchise in India, following its recent agreement to invest $3bn ...
SMBC’s ₹16,000-crore investment gives it fresh capital, global reach, and a first-mover edge in India’s fast-growing banking ...
The landmark Emirates NBD deal is set to reshape RBL Bank with global muscle and may become a benchmark for future ...
Blackstone will invest $705 million for a 9.9% stake in India’s Federal Bank, becoming its largest shareholder, pending regulatory and shareholder approvals.
India is considering allowing up to 49% foreign ownership in state-run banks, more than double the current limit of 20%. The proposal, discussed between the finance ministry and the Reserve Bank of ...
India plans to retain a cap on voting rights for large shareholders in domestic banks, two sources said, signalling that New ...
State Bank of India, the country's largest lender by assets, said on Thursday it will sell a 6.3% stake in SBI Funds ...
Currently, India permits foreign ownership of up to 74 per cent in private sector lenders, while the cap for public sector banks stands at 20 per cent.
Bankers keen on doing business in India have generally spun stories of frustration in recent years. The potential of the country is clear and well documented. But red tape, constantly shifting ...
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Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.' Illustration: ...