Sammaan Capital says open to probe after SC questions agencies, SEBI’s lenient approach in earlier probe

Sammaan Capital, formerly Indiabulls Housing Finance, is a publicly traded company with no defaults, no outstanding dues and no ongoing investigations or proceedings before any regulatory or enforcement agency, says Mukul Rohatgi | Photo credit: DHIRAJ SINGH Sammaan Capital, formerly Indiabulls Housing Finance, on Wednesday said it has no objection to the Supreme Court’s order […]

Foreign suitors court Indian banks

RBL Bank MD and CEO R Subramaniakumar recently compared Emirates NBD Bank’s (ENBD) proposal to acquire a 60 percent stake in RBL Bank, through a primary infusion of about $3 billion (₹26,850 crore) to “bees attracted to flowers to collect nectar and pollen”. The CEO’s comment also reflects ongoing developments in the country’s fast-growing banking […]