European private equity group CVC is weighing buying a stake in state-owned Belgian bank Belfius ahead of its possible listing, two people familiar with the matter told Reuters. The government is planning to sell a...
Board of ICICI Bank approves acquisition of up to 2% additional stake in ICICI Life
At the meeting held on 28 February 2026 The Board of ICICI Bank at its meeting which concluded today i.e. 28 February 2026, approved purchase of up to 2.0% additional shareholding in its subsidiary, ICICI Prudential...
RBI greenlights SBI Mutual Fund’s plan to buy up to 9.99% in Bandhan Bank
The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99% in Bandhan Bank, according to a regulatory filing on Thursday. Bandhan Bank informed stock exchanges...
Centre has no roadmap for merger of public sector banks, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday said that the government does not have any roadmap for mergers of public sector banks. However, a High-Level Committee on Banking for Viksit Bharat, proposed in the Budget...
Citi signs deal to sell 24% equity stake in Banamex
Citigroup said on Monday it had entered into agreements to sell a 24% stake in Banamex to a group of institutional investors and family offices for around $2.5 billion. Among the investors were U.S. private equity firm...
SBI in talks with Japanese lenders for M&A financing
State Bank of India (SBI) is in talks with some Japanese lenders to partner with them for merger and acquisition (M&A) financing in light of the new norms in that regard, SBI chairman CS Setty told reporters on the...
Citigroup exits Russia, closer to completing strategic divestitures
Citigroup announced on Wednesday the sale of its former Russian subsidiary to Renaissance Capital, a transaction already approved by regulators and which completes Citi’s full exit from the country. Citigroup...
SBI mulls raising stake in investment banking JV to 51% amid capital market boom
The State Bank of India is weighing a plan to take control of its investment-banking joint venture (JV) with Investec India, according to two people familiar with the matter. The move comes as India’s largest lender...
Scotiabank unit sells stake in Israeli arms supplier Elbit after backlash
Scotiabank’s 1832 Asset Management subsidiary has dissolved its stake in Israeli arms manufacturer Elbit Systems, regulatory filings showed, after the Canadian bank faced sharp criticism for the investment...
RBI grants approval to ICICI AMC for acquisition of upto 9.95% stake in Karur Vysya Bank
Karur Vysya Bank announced that the Reserve Bank of India (RBI) vide its letter dated 10 February 2026, has accorded its approval to ICICI Prudential Asset Management Company (ICICI AMC), along with group entities of...
Canara Bank invites bids to sell ₹577-cr Supreme Housing loan
Canara Bank has invited offers from financial institutions and asset reconstruction companies (ARCs) to sell its ₹577 crore debt of real estate company Supreme Housing and Hospitality at a reserve price of ₹500 crore...
RBI clears ICICI Prudential to buy 9.95% stake in IDFC First Bank
IDFC FIRST Bank Limited on Wednesday informed the exchanges that it has received regulatory approval from the Reserve Bank of India (RBI) permitting ICICI Prudential Asset Management Company Limited, along with entities...
