RBL Bank receives UAE Central Bank approval for Emirates NBD’s majority stake acquisition | Business Upturn

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RBL Bank has announced that Emirates NBD Bank has received approval from the Central Bank of the United Arab Emirates for its proposed acquisition of a majority stake in RBL Bank. The approval, dated 24 March 2026, also covers the proposed amalgamation of Emirates NBD’s existing operations in India into RBL Bank, contingent upon receiving all necessary regulatory approvals.

The bank disclosed this update in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on RBL Bank’s official website.

This development follows an earlier disclosure by RBL Bank regarding the acquisition plans, indicating a significant step forward in the transaction process.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

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TOPICS: Central Bank of the UAE Emirates NBD RBL Bank