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Emirates NBD completed the acquisition of a 60% controlling stake in RBL Bank for Rs 26,015 crore ($3 billion).
India
Who
Emirates NBD, RBL Bank
What
Emirates NBD completed the acquisition of a 60% controlling stake in RBL Bank for Rs 26,015 crore ($3 billion).
When
Fri, 19 Jun 2026 08:22:16 GMT · 2h 55m ago
Where
India ·
Why
Emirates NBD sought to expand its presence in India, gain access to RBL Bank's customer base and network, and capitalize on India's economic growth and the India-UAE economic corridor.
The Frontline Impact
How this affects you
This transaction represents the largest foreign direct investment in India's banking sector and positions India as one of Emirates NBD's five core strategic markets, strengthening RBL Bank's capital adequacy.
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