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Emirates NBD to acquire majority stake in RBL Bank

RECENTLY ACQUIREDOct 16, 2026

Acquiring Company

Emirates NBD

Acquired Company

RBL Bank Limited

DubaiMumbaiFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

The RBI has approved the merger of Emirates NBD's Indian branches with RBL Bank, effective December 1, 2026. Emirates NBD is acquiring a majority stake of 60% in RBL Bank, marking a significant investment in India's banking sector. This deal includes the merger of Emirates NBD's operations in India with RBL Bank. The transaction is valued at around $3 billion.

Company Information

Company

Emirates NBD

Location

Dubai, Dubai, United Arab Emirates

About

Emirates NBD is a leading banking group in the MENAT region.

Fundz sees it the moment Emirates NBD makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired RBL Bank Limited?

RBL Bank Limited was acquired by Emirates NBD, based in Dubai. The deal was reported on October 16, 2026. Emirates NBD is a leading banking group in the MENAT region. Emirates NBD is privately held and operates in Financial Services.

When did Emirates NBD acquire RBL Bank Limited?

Emirates NBD's acquisition of RBL Bank Limited was reported on October 16, 2026. The RBI has approved the merger of Emirates NBD's Indian branches with RBL Bank, effective December 1, 2026. Emirates NBD is acquiring a majority stake of 60% in RBL Bank, marking a significant investment in India's banking sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RBL Bank Limited do?

RBL Bank Limited is one of India's private sector banks, offering a range of banking services and products. It caters to retail, corporate, and rural banking customers. The bank emphasizes digital transformation and personalized banking experiences. It is privately held, operating in Financial Services, and is based in Mumbai.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.