RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank’s $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12.
​RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank’s $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12. by Soban News (international And National News)
