RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisi
- Posted on April 2, 2026
- By Business News Today
- 2 Views
RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisi
Emirates NBD has received RBI approval to acquire up to 74% stake in RBL Bank, making it a foreign bank post-acquisition. Voting rights will be capped at 26%, while regulatory relaxations facilitate the transition. The deal highlights rising foreign interest in Indias banking sector.
