RBL Bank has announced that Emirates NBD Bank has received approval from the Government of India to acquire a significant stake in the bank. The Ministry of Finance has authorised the investor to increase its shareholding in RBL Bank from over 49% to a maximum of 74% of the total paid-up equity share capital.
This approval follows the investment agreement signed between Emirates NBD and RBL Bank on October 18, 2025. The proposed acquisition will occur through a preferential issue of equity shares, contingent on the fulfilment of customary conditions outlined in the investment agreement.
The transaction also includes the proposed amalgamation of Emirates NBD’s existing operations in India into RBL Bank, further solidifying the investor’s presence in the Indian banking sector.
RBL Bank has complied with the SEBI Listing Regulations by hosting this information on its official website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).