RBI okays Emirates NBD Bank PJSC’s subsidiary plan in India

May 20, 2025

The Reserve Bank of India has granted “in-principle” approval to Emirates NBD Bank PJSC, based in the UAE, to establish a wholly-owned subsidiary in India. This will be achieved through the conversion of its existing branches in Chennai, Gurugram, and Mumbai. The RBI will consider granting a banking business commencement license after the bank fulfills the stipulated conditions.

More To Explore

Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business

Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI’s approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and

June 27, 2025

Adani Power shares rally 14% this week amid high trade volumes

Adani Power shares are experiencing a significant rally. This week, the stock price climbed 13.8%, reaching Rs 605 on the BSE. High trading volumes are

June 27, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003