15 Oct 2025 | 5 Mins Read
RBL Bank shares rebound 4% to pre-pandemic highs
Flipitmoney
Shares of private lender RBL Bank rose over 4% on October 15. Emirates NBD is close to a $3 billion deal to acquire a 51% stake in RBL Bank in two phases. The deal, expected to conclude in the form of a majority stake, could bring in fresh equity worth $2.2 billion and an additional $800 million through a voluntary open offer. The deal aims to make RBL Bank Emirates NBD's largest subsidiary.