Sunday, November 23, 2025 | 11:01 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Foreign interest: Growth prospects draw investment into financial sector

India is not only the fastest-growing large economy in the world, it also has significant untapped potential for formal finance

leadership, finance sector
premium

On a broader level, increased availability of foreign investment in private banks and NBFCs will intensify competition in the financial sector, resulting in better services at a lower cost for both corporate and individual customers. (Illustration: B

Business Standard Editorial Comment

Listen to This Article

The financial sector in India is witnessing a significant interest from foreign entities. Last week, for instance, United Arab Emirates-based Emirates NBD PJSC entered into an agreement with RBL Bank, a mid-sized private bank, to invest ₹26,850 crore, or about $3 billion, to acquire a controlling stake of up to 60 per cent. Subject to regulatory approval, this will be the biggest foreign investment in an Indian private bank. The investment, according to the management, will help RBL Bank move into the league of large Indian banks. It will help the bank strengthen its presence in corporate banking