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However

The Securities and Exchange Board of India on Monday approved the change in control of RBL Bank with regard to the ongoing acquisition of "certain" shareholding by Emirates NBD Bank in the Indian lender, RBL Bank said in an exchange filing. The Dubai-based lender has proposed to buy up to 60% stake in the Indian private-sector bank, and the Competition Commission of India has already approved it on Jan. 20.

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The Bharatiya Janata Party wrested West Bengal from Mamata Banerjee’s All India Trinamool Congress while retaining Assam by a wide margin as the results of the assembly elections held in four states and one Union territory in three phases on Apr. 9, Apr. 23 and Wednesday poured in Monday. While the victory of the Indian National Congress-led United Democratic Front in Kerala did not come as a surprise, in neighbouring Tamil Nadu, the newbie Tamilaga Vettri Kazhagam led by actor-turned-politician Vijay Joseph Chandrasekhar thumbed its nose at a majority of exit polls and political pundits and

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