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RBL Bank aims to turbocharge growth

Mint Kolkata

|

October 20, 2025

tobecome “bolder” before takingany otherbigstrategicdecisions.

RBL Bank aims to turbocharge growth

The deal comes just weeks after Sumitomo Mitsui Banking Corp bought 24.2% in Yes Bank. While India’s FDI rules allow overseas investorsto buy up to 74% in banks, RBI limits ownership bya single foreign investor at 15%. The regulator hasrelaxed these normsin certaininstances, but votingrights remain capped at 26%.

A consultant advising on such deals said the RBI is now more comfortable with the idea of more foreign capital in banking.

FLERE HISTORIER FRA Mint Kolkata

Mint Kolkata

Zydus Lifesciences beats estimates

Zydus Lifesciences beat street estimates, with its revenue for the final quarter of fiscal year 2025-26 (FY26) rising 16% and net profit, adjusted for exceptional items, 15% year-on-year.

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1 min

May 20, 2026

Mint Kolkata

Rupee hits new low of 96.70 per dollar

The rupee descended for the eighth consecutive session and ended 50 paise down at its lowest-ever level of 96.70 against the US dollar on Tuesday, weighed down by soaring crude oil prices, persistent foreign capital outflows, and a resilient dollar buoyed by global risk-aversion.

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1 min

May 20, 2026

Mint Kolkata

Mint Kolkata

Carmakers seek flex-fuel sops amid blending drive

Call for lower prices for high-ethanol fuels as govt issues standards for E85, E100

time to read

2 mins

May 20, 2026

Mint Kolkata

Mint Kolkata

West Asia war to hurt India’s FY27 growth: rating agencies

India’s FY27 economic growth rate is likely to slow from that of the year ended 31 March, due to the West Asia war pushing crude oil to uncomfortable levels, fanning domestic inflation, and eroding the room for monetary easing, according to rating agencies India Ratings and Research (Ind-Ra) and Icra Ltd.

time to read

1 mins

May 20, 2026

Mint Kolkata

Work from home is more of a problem than a solution

Prime Minister Narendra Modi has urged employees across organizations to work from home (WFH).

time to read

3 mins

May 20, 2026

Mint Kolkata

Mint Kolkata

How Orange Health aims to be the Zepto of blood tests

Accelerator’s Bhatia. Tata 1mg co-founder Gaurav Agarwal had a more nuanced view.

time to read

2 mins

May 20, 2026

Mint Kolkata

Mint Kolkata

New land-transfer norms to aid public asset monetization

The move unlocks public land assets under the second phase of the ₹16.7 trillion NMP 2.0

time to read

2 mins

May 20, 2026

Mint Kolkata

Amber faces near-term margin pain, revenue shift can help

Amber Enterprises India ended FY26 with 22% year-on-year revenue growth to ₹12,186 crore, driven by consumer durables and electronics.

time to read

1 mins

May 20, 2026

Mint Kolkata

Mint Kolkata

AIFs seek easier accreditation rules, sharper incentives

India’s alternative investment funds are seeking to widen access to a small but fast-growing pool of wealthy investors, arguing that a cumbersome accreditation system and limited incentives are slowing participation even as the sector grows quickly.

time to read

1 mins

May 20, 2026

Mint Kolkata

Mint Kolkata

Mastering the important and quiet skill of AI prompting

Learning how to use AI chatbots is an important skill. But to do so in an easy and reliable way, one has to understand the concept of ‘AI fluency’

time to read

4 mins

May 20, 2026

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