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RBIs openness to a well-capitalized, well governed foreign bank taking majority in RBL reflects confidence: Shayne Nelson, Group CEO, Emirates NBD

Sustaining Indias momentum requires significant capital and credit to fuel growth. Unlike China, which relied on government capital, India will need internally generated funds or external capital, Emirates NBD Bank CEO Shayne Nelson told Economic Times as he sat down for his first interview since the UAE financial powerhouses $3 billion deal to acquire a majority stake in RBL Bank.