A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries at US regional banks have rattled investors globally. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) Over the […]
The Jio IPO can fetch more than $6 billion with Reliance selling just 5% of the firm. That’s far more than the record $3.3 billion raised in Hyundai India IPO. Source link