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Emirates NBD likely top contender for IDBI Bank stake, DIPAM said to have explored valuations with potential bidders
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 ...
Khaleej Times8d
Dubai's Emirates NBD eyes majority stake in India's IDBI bank after RBI approval
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 ...
NDTV Profit on MSN11d
IDBI Bank Acquisition Hopes Prompt Emirates NBD To Go Down The WOS Route — Profit Exclusive
Emirates NBD is currently in the race to acquire IDBI Bank, alongside Prem Watsa’s Fairfax Capital. A wholly-owned subsidiary ...
Emirates NBD Bank gets conditional nod from RBI to open local arm
The RBI said that Emirates NBD Bank PJSC currently operates under the branch mode through its branches located in Chennai, ...
Khaleej Times on MSN11d
UAE's Emirates NBD bank to set up local unit in India after RBI approval
Reuters reported last year that the RBI had approved Emirates NBD, among other lenders, as bidders for a majority stake in ...
Arabian Business11d
Emirates NBD gets RBI go-ahead to set up wholly owned subsidiary in India
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 ...
brinksreport1d
Emirates NBD’s Surprise $7 Billion Offer for IDBI: Smart Play or Risky Gamble?
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 ...