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RBL expects Emirates NBD fund infusion by June 2026, aims multi-fold growth with new capital

Millennium Post Delhi

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New Delhi 20October2025

RBL Bank expects to complete its proposed $3 billion (about Rs 26,850 crore) capital infusion from Emirates NBD Bank by June next year, after securing necessary regulatory and government approvals, Managing Director and CEO R Subramaniakumar said on Sunday.

RBL expects Emirates NBD fund infusion by June 2026, aims multi-fold growth with new capital

‘The deal marks the largest-ever foreign direct investment (EDI) in India’s financial services sector.

Following the transaction, RBL Bank will merge with Emirates NBD’s wholly-owned Indian subsidiary to become a “listed foreign bank subsidiary.” Subramaniakumar said the capital will help the bank transition from a mid-sized lender to the league of large private banks over the next three to five years.

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Magisterial probe begins into 'hostagetaker' Rohit Arya's death

An independent magisterial inquiry has been initiated into the death of social entrepreneur Rohit Arya, who was shot during the police operation while rescuing 17 children and two adults held captive by him at a recording studio in Mumbai on October 30.

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Voting on Tuesday as campaign silence follows fiery final debate

Campaigning ended on the early hours of Monday for the JNU Students’ Union elections, paving the way for voting on Tuesday, in what is expected to be a closely contested poll between the Left Unity and the Akhil Bharatiya Vidyarthi Parishad (ABVP).

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Umar Khalid's counsel concludes arguments

The counsel for former JNU student Umar Khalid on Monday concluded his arguments opposing the framing of charges against his client in the alleged larger conspiracy behind the 2020 Delhi riots.

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Trump says Pak, China, Russia and North Korea testing nuclear weapons

Announces plans to resume US nuclear testing

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500+ vehicles below BS-IV standards denied entry into Capital

More than 500 vehicles below BS-IV norms were turned back from Delhi’s borders after the ban on the entry of commercial goods vehicles compliant with BS-III or lower emission standards came into force in the national capital.

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UPI transactions hit record high of Rs 27.28L cr during October

Fuelled by festive buying, the transaction through the popular Unified Payments Interface (UPI) touched a record high of Rs 27.28 lakh crore and 20.7 billion in value and volume terms, respectively, in October, according to data released by the National Payments Corporation of India (NPCI).

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IMD rules out harsh winter in northwest India this month

The India Meteorological Department (IMD) has said that northwest India is unlikely to face an unusually severe winter this month, with conditions expected to remain largely consistent with previous years.

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RANGEELO RAJASTHAN Celebrating Rajasthan's royal kitchens & rustic traditions

Crowne Plaza New Delhi Mayur Vihar Noida, in collaboration with Holiday Inn Jaipur City Centre, is set to present 'Rangeelo Rajasthan: Thaat, Maat aur Rasoi, a 10-day celebration of Rajasthan's royal kitchens and rustic traditions.

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'Only 9 of 37 AQI monitors worked on Diwali'; SC seeks report on pollution

DELHI'S AIR QUALITY REMAINS 'VERY POOR'

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Sanjay Garg takes charge as Director General of BIS

Sanjay Garg has assumed charge as Director General of the Bureau of Indian Standards (BIS) with effect from November 1.

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