RBI permits ICICI AMC to buy 9.95% stake in Federal Bank, RBL Bank

Federal Bank on Thursday said the Reserve Bank of India has accorded approval to ICICI Prudential Asset Management Company Ltd () for acquiring up to 9.95 per cent stake in the bank. RBI accorded......

All Eyes On M&M-RBL Bank Saga

Why did the company zero in on RBL Bank to understand the business of banking? While M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R......

Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

RBL Bank: Strange Corner Office Changes

One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay. Photograph: Mahipal Soni/Rediff.com On June 19, 2018, the day ICICI Bank......