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The move consolidates the Dubai-based lender’s Indian operations with RBL Bank after its over ₹26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.

RBI has approved the merger of Emirates NBD’s Indian branches with RBL Bank from 1 December 2026. The decision follows Emirates NBD’s ₹26,000 crore investment for a 60% stake in RBL Bank, completed in June 2026.

The Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially take effect on December 1, 2026, according to the central bank's announcement. Emirates NBD Bank initially opened its fir…

The merger follows Emirates NBD’s $2.75-billion capital infusion into RBL Bank, completed in June after regulatory approvals and a mandatory open offer.

The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measures curbed dollar demand, while a weaker dollar index supported the currency despite corporate buying pressure.

The amalgamation will take effect on December 1, 2026, following Emirates NBD's acquisition of a 60 per cent stake in RBL Bank through a Rs 26,000 crore capital infusion

Indian government bonds have experienced ongoing losses for nine consecutive weeks due to RBI's monetary tightening measures. The benchmark 6.94% 2036 bond yield has climbed over 62 basis points during this period, reflecting investor concerns. Additionally, …

Following the Reserve Bank of India’s (RBI) repo rate hike, several banks have increased their Repo-linked Lending Rates (RLLR). With this increase, home and other loans linked to the repo rate at these banks have become costlier. Banks like State Bank of Ind…

India’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank of India (RBI). The decline followed a $12.952 billion drop in the previous week. Foreign currency assets …

Navik Yantrik Enrolled Person Vacancy Recruitment in Coast Guard 2026 Online applications in the prescribed format are invited from Indian Nationals possessing educational qualifications and age as prescribed below from suitable candidates for recruitment …

The strategic transaction of IDBI Bank is expected to be completed by the end of the current financial year, subject to regulatory clearance from the Reserve Bank of India (RBI), DIPAM Secretary Arunish Chawla has said. The successful bidder will submit its t…

RapidCanvas will use the Series B funding led by Vertex Ventures SEA & India to expand its go-to-market and AI engineering teams as investors look to AI-led challengers to traditional services firms.

The Reserve Bank of India (RBI) has of late resorted to a battery of measures to bolster the currency’s value, many of which could exact a high price down the line. It has more straightforward tools at its disposal—it’s time to use them.

On Friday, the Rupee showcased a solid performance, climbing 20 paise to hit 94.79 against the US dollar, building on gains from the previous day aided by a softer dollar and actions by the Reserve Bank of India. Nevertheless, escalating crude oil prices curt…

The Securities and Exchange Board of India has implemented an updated framework for closing auction sessions and derivatives settlement. Under the new guidelines, volume-weighted average prices will be used during the last half-hour of normal trading. Trading…

MUMBAI: Markets regulator Sebi on Thursday revised the process for Closing Auction Session (CAS) that included changing the trading timings and how the

Indian shares set for higher open as US yields fall, SEBI easing rules ease expiry volatility; Nifty eyes 23k+ amid global AI rally and mixed corporate results.

MUMBAI: The mutual fund industry, on verbal instructions from markets regulator Sebi on Thursday evening, stopped fresh inflows into all gold fund of

The rupee has bounced. So why does the RBI seem so worried? Unusually timed announcements, a special dollar window for oil companies and tougher currency trading rules reveal an aggressive effort to arrest the slide. But could making currency protection more …

Indian Bank plans to raise $1bn via ECBs by Dec-end under RBI swap window; board okays Rs 5,000cr infra bonds and Rs 2,000cr AT1/Tier 2 bonds.

India's overall balance of payments showed a surplus of $45.4 billion in August 2026. This significant surplus is attributed to an increase in foreign currency inflows, especially from non-resident Indian deposits. The current account deficit also narrowed sl…

Finance Minister Nirmala Sitharaman held a series of bilateral meetings with her counterparts from the UK, Switzerland and Japan in Bangkok and discussed ways to deepen financial and economic cooperation. In her meeting with UK Chancellor of the Exchequer Joh…

In partnership with Startup India and Nykaa, the program recognizes five winners across in-market beauty brands, early-stage concepts, fragrance innovation, creative design, and women’s entrepreneurship. NEW YORK & MUMBAI, India — The Estée Lauder Companies, …

Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making or proprietary trading. It will also not affect interest on External Commercial Borrowings…

Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making or proprietary trading. It will also not affect interest on External Commercial Borrowings…

MUMBAI: RBI has cautioned account aggregators (AAs) against monetising customer data and stressed the need to preserve neutrality in the consent-based

The rupee concluded the day on Thursday with a gain of 10 paise, reaching 95.05 against the dollar. This strengthening occurred as forward premiums climbed to levels not seen in more than four years, creating a climate of uncertainty. The Reserve Bank of Indi…

The rupee concluded the day on Thursday with a gain of 10 paise, reaching 95.05 against the dollar. This strengthening occurred as forward premiums climbed to levels not seen in more than four years, creating a climate of uncertainty. The Reserve Bank of Indi…

The Reserve Bank of India (RBI) has issued a warning to account aggregators regarding the monetization of customer data, emphasizing the critical need for obtaining customer consent. The RBI aims to improve interoperability and standardize data formats for sh…

The Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging rules and cash margins on certain derivatives. Several lenders have held back on quoting dollar-rupee forwards due to con…

Sriharsha Majety pursued engineering and MBA before starting an investment banking career in London. After leaving his job, he travelled overland to explore the startup ecosystem in India. He co-founded Bundl, an e-commerce logistics solution, but shifted foc…

The charges, delayed until after Deepavali, could prompt some retailers to encourage other payment methods, even as experts argue they are needed to sustain the fast-growing network.

Indian market and bank holidays and business day adjustment (NSE, BSE, MCX, RBI city bank calendars) via the marketholidays.in API.

Indian market and bank holidays and business day adjustment (NSE, BSE, MCX, RBI city bank calendars) via the marketholidays.in API.

Sebi is planning comprehensive reforms covering IPO disclosures, SME listings, corporate bond trading, and short-selling rules to ease compliance and safeguard investors. Speaking in Mumbai, Chairman Tuhin Kanta Pandey also outlined key initiatives, including…

Foreign Investment in Indian Banks: While India allows substantial FDI in private sector banks, the RBI regulates who can own them, how much voting power shareholders can exercise and how much equity promoters can retain over time