Emirates NBD Completes Acquisition of Majority Stake in RBL Bank with $2.75 Billion Investment

Emirates NBD completes acquisition of RBL Bank

The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share, aggregating to about Rs 26,016 crore. As a result of the allotment, RBL Bank's total share count has more than doubled -to 1.5485 billion from about 619.4 million.

Emirates NBD Completes Acquisition of Majority Stake in RBL Bank

Get latest articles and stories on Business at LatestLY. Emirates NBD and RBL Bank on Thursday announced the successful completion of Emirates NBD's acquisition of a majority stake in the Indian private sector lender through a primary capital infusion of about USD 2.75 billion (around Rs 26,000 crore). Business News | Emirates NBD Completes Acquisition of Majority Stake in RBL Bank.

Emirates NBD completes acquisition of majority stake in RBL Bank with $2.75 billion investment

Emirates NBD completes $2.75 billion acquisition of majority stake in RBL Bank, marking a significant investment in India's banking sector.

Emirates NBD seals $2.75 billion acquisition of majority stake in India's RBL Bank

Dubai-based Emirates NBD has completed its landmark $2.75 billion (Rs260 billion) investment in India's RBL Bank, marking the largest foreign direct investment in the country's banking sector

Emirates NBD Closes US$2.75 Billion Acquisition of India’s RBL Bank

Emirates NBD has completed its acquisition of a majority stake in RBL Bank following a primary capital infusion of approximately US$2.75 billion (INR 260 billion). The deal gives the Dubai-based banking group a 60% holding in the expanded share capital of the Indian lender. First announced on 18 October 2025, the transaction has concluded after receiving regulatory approvals and fulfilling closing conditions. Emirates NBD executed the acquisitio…

Emirates NBD Acquires 60% Stake in RBL Bank

With a main capital injection of approximately $2.75 billion (roughly INR 26,000 crore), Emirates NBD acquired a majority share in RBL Bank on 18 June. As a result of the closed required open offer and preferred share issuance, Emirates NBD now owns 60% of RBL Bank's enhanced share capital. RBL Bank has announced that, subject to shareholder approval, five nominee directors of Emirates NBD will be added to the bank's board of directors.These nom…