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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, ...
Emirates NBD is currently in the race to acquire IDBI Bank, alongside Prem Watsa’s Fairfax Capital. A wholly-owned subsidiary ...
The widespread anticipation of RBI cutting interest rates, positive earnings and favourable valuations have led to ...
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 ...
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 ...
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 ...