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Emirates NBD to buy 60% stake in RBL Bank

Financial Express Kochi

|

October 19, 2025

Set to become new promoter via ₹26,853-cr issue

- FE BUREAU

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.

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