28 Oct 2025 | 3 Mins Read
Emirates NBD launches open offer for 26% stake in RBL Bank
Flipitmoney
Emirates NBD makes an open offer to acquire up to 26% of RBL Bank at Rs 280 per share, valuing the deal at Rs 11,636 crore. The offer follows a preferential issue for 96 crore new shares. Total investment could exceed Rs 38,000 crore. This deal is the largest-ever foreign direct investment in India's financial services industry.