RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisi
- Postato il 2 aprile 2026
- Di Business News Today
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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.