19 Oct 2025 | 5 Mins Read
Dubai's Emirates NBD acquires 60% of RBL Bank for $3 billion
Flipitmoney
Emirates NBD will buy a 60% stake in Indian private lender RBL Bank for $3.05 billion, the largest cross-border acquisition in India's financial sector. The deal, worth 268.53 billion Indian rupees, is subject to regulatory approvals and will be launched through a preferential issue of shares. It will provide RBL Bank with long-term growth capital and enhance its balance sheet.