Page 2 - RBL Bank Ltd News
RBL Bank's ₹26,853 crore deal with Emirates NBD marks record FDI in banking
The deal is the largest by a Middle Eastern bank in India, and comes months after Japan's Sumitomo Mitsui Banking Corporation's move to buy up to 25% of Yes Bank
 "RBL Bank's ₹26,853 crore deal with Emirates NBD marks record FDI in banking")
RBL Bank rallies 5%, hits over 5-year high on Emirates NBD stake buy report
RBL Bank said the Bank is on a growth trajectory and routinely explores opportunities which are aimed at enhancing shareholder value
 "RBL Bank rallies 5%, hits over 5-year high on Emirates NBD stake buy report")
Indian banking sector sees wave of foreign investments, say experts
Experts attribute the trend to country's growth potential, regulatory stance
 "Indian banking sector sees wave of foreign investments, say experts")
RBI may allow Emirates NBD to acquire controlling stake in RBL Bank
While India allows 74% foreign investment in private banks, the shareholding of a single foreign institution is limited to 15% by the RBI unless the regulator gives exceptional approval
 "RBI may allow Emirates NBD to acquire controlling stake in RBL Bank")
RBL Bank up 3%, hits 52-wk high amid Emirates NBD 51% stake purchase buzz
The development appears positive for RBL Bank, as the entry of a large, well-capitalised global promoter like Emirates NBD could strengthen governance standards and boost investor confidence,
 "RBL Bank up 3%, hits 52-wk high amid Emirates NBD 51% stake purchase buzz")
Dubai's Emirates NBD eyes majority control in RBL Bank for ₹15,000 cr
Emirates NBD is expected to buy around 26 per cent stake from institutional investors and then make an open offer for an additional 25 per cent, Mint reported
RBL Bank soars 5%, nears 52-week high; what's driving private sector bank?
The average trading volumes at the RBL Bank counter more-than-doubled with a combined 34.6 million shares representing 5.7% of total equity changing hands on the NSE and BSE till 10:37 AM.