Uae Banking News - Latest Updates & Headlines
UAE regulator bars HDFC Bank's Dubai branch from onboarding new clients
New Delhi, Sep 27: HDFC Bank has informed that its branch in Dubai International Financial Centre, namely ‘DIFC branch’, has received a decision notice from the Dubai Financial Services Authority (DFSA), restricting it from onboarding or soliciting new clients.
Emirates NBD in India: Bank gets in-principle nod to set up wholly owned subsidiary
New Delhi, May 20: The Reserve Bank of India (RBI) has decided to grant "in-principle" approval to Emirates NBD Bank for setting up a Wholly Owned Subsidiary (WOS) in India.