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Emirates NBD to buy 60% stake in RBL Bank
Financial Express Chandigarh
|October 19, 2025
Set to become new promoter via ₹26,853-cr issue
EMIRATES NBD BANK PJSC (Emirates NBD) is set to acquire a controlling 60% stake in RBL Bank through a ₹26,853-crore preferential equity infusion.
The deal marks the largest foreign direct investment in India's financial services sector to date. Emirates NBD will be allotted up to 959 million equity shares at ₹280 per share, 6.5% lower than Friday's close of ₹299.50 per share.
This story is from the October 19, 2025 edition of Financial Express Chandigarh.
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