Emirates NBD to Acquire 60% Stake in RBL Bank in $3 Billion Landmark Deal; Shares Surge 5% on Strategic FDI Boost
In a transformative move for India’s financial services sector, Dubai-based Emirates NBD Bank PJSC has announced its decision to acquire a 60% controlling stake in RBL Bank Ltd. through a $3 billion (₹26,850 crore) preferential share issue. The deal, confirmed on October 19, 2025, marks the largest-ever foreign direct investment (FDI) in an Indian private…