The Securities and Exchange Board of India, or SEBI, has accused current and former executives at the local units of Carlyle Group and Advent International, as well as PwC and EY among others, of breaching insider trading rules during a stake sale by Yes Bank Ltd. in 2022. SEBI also accused a former Yes Bank […]
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 […]
Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in India’s financial services sector. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) The middle-eastern bank will invest ₹26,853 […]
