<h1>Foreign commercial bank acquires share capital and voting rights in listed private bank, subject to FEMA and central bank conditions</h1> The Competition Commission of India approved the acquisition of certain share capital and voting rights in a private sector bank by a foreign commercial bank. The foreign acquirer, a core operating entity of a major financial group, operates branches in multiple Indian cities and an offshore financial centre and offers loans, deposits and trade finance. The target is a publicly listed full-service private bank providing retail, MSME and corporate banking and digital services. The transaction is subject to applicable FEMA and central bank requirements, and the Commission's detailed order will be issued subsequently.