Employees’ Union protests Emirates NBD’s takeover of RBL Bank for ₹26,850 crore, says it’s an onslaught of foreign capital on Indian banking
Private sector RBL Bank Ltd’s Employees Union has protested the takeover of the bank by UAE’s public sector lender, Emirates NBD for $3 billion and said this was an onslaught by international finance capital. “In recent years, we have witnessed a concerning trend of increasing foreign control over Indian banks. It began with Laxmi Vilas Bank,…