Global banks bet billions on India deals amid US credit jitters

Over the weekend, Emirates NBD Bank PJSC said it plans to invest $3 billion in The exuberance to what’s happening elsewhere is striking. Recent US collapses of Tricolor Holdings and First Brands Group have stoked fears of hidden credit losses. India itself is trying to work things out with the US after it was slapped with 50% tariffs that could hit its growth. Live Events“The success story of foreign banks acquiring Indian banks is very limited” and hasn’t always reflected in profit and revenue growth, sai ...