Dubai’s Top Bank Seeks to Deepen India Push With Dealmaker Hires

Emirates NBD Bank PJSC is seeking to build an investment banking franchise in India, according to people familiar with the matter, underscoring its ambitions in the world’s fastest-growing major economy weeks after agreeing to invest $3 billion in a mid-sized lender.

The investment banking arm of Dubai’s flagship financial group plans to hire about 15 bankers in India by the middle of next year, the people said, asking not to be identified because the information is private.