20 Oct 2025 | 5 Mins Read
RBL Bank shares surge 5% on Emirates NBD acquisition plan
Flipitmoney
The shares of RBL Bank jumped more than 5 percent in the early trading hours of October 20 after Emirates NBD plans to acquire up to 60% stake in RBL Bank through a primary infusion of approximately $3 billion, subject to RBI approval. The deal will trigger a mandatory open offer for up to 26% stake from public shareholders, making RBL Bank the largest subsidiary of Emirates NBD outside Dubai.