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Emirates NBD Eyes Indian Bank

[ad_1] Three major Emirati institutions are betting that India’s banks and nonbanking financial companies (NBFCs) will bring the country’s financial sector into the global spotlight in 2025. In October, Dubai-based Emirates NBD Bank (ENBD) PJSC—the UAE’s second-largest lender—agreed to acquire a 60% controlling stake in India’s RBL Bank Ltd. through …

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Rad Power Bikes’ batteries receive major fire risk warning

[ad_1] The batteries that power Rad Power Bikes’ e-bikes “pose a risk of serious injury and death” and owners should stop using them, according to the U.S. Consumer Product Safety Commission. The warning, issued Monday by the CSPC, is due to a risk that the batteries can ignite or explode. …

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