BANKING & FINANCE
Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank
Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]
CW Bureau
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Apr 3, 2026
BANKING & FINANCE
Fino Payments Bank CEO Rishi Gupta Arrested in GST Probe, CFO Take Reins
Fino Payments Bank Ltd said that its Chief Financial Officer Ketan Merchant has been named Head of the Organisation to to carry on day-to-day operations following the arrest of Managing Director and Chief Executive Officer Rishi Gupta under provisions of Sections 132(1)(a) and 132(1)(i) of the CGST and SGST Acts, 2017, respectively, on February 27, […]
CW Bureau
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Feb 28, 2026
STARTUP/TECHNOLOGY
Intellect Brings World’s Only AI-First Payments Platform To US Market
Intellect Design Arena, an enterprise-grade global financial technology company announced the acceleration of its US market expansion with the world’s only AI-first payments platform architected from first principles for business impact. As banks race to capture explosive growth in instant payment demand, Intellect is enabling institutions to move beyond incremental upgrades and design payments systems […]
CW Bureau
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Jan 27, 2026
