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Emirates NBD to acquire 74% of RBL Bank

PRIVATEMay 18, 2026

Acquiring Company

Emirates NBD

Acquired Company

RBL Bank Limited

DubaiMumbaiFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Emirates NBD has received regulatory approval to acquire up to 74% of RBL Bank for approximately $3 billion. This transaction will transform RBL Bank into a subsidiary of a foreign bank under Indian regulations. The acquisition aims to enhance the bank's capital and expand its service offerings in India. This strategic move indicates a growing interest from foreign banks in the Indian market.

Quick answer

Emirates NBD is acquiring RBL Bank Limited, announced May 18, 2026. Emirates NBD is based in Dubai, Dubai, United Arab Emirates.

How much did Emirates NBD pay for RBL Bank Limited?
The deal value was not disclosed.
What does Emirates NBD do?
Emirates NBD is a leading banking group in the MENAT region.
Where are Emirates NBD and RBL Bank Limited based?
Emirates NBD is based in Dubai, Dubai, United Arab Emirates. RBL Bank Limited is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Emirates NBD?
Fundz holds 5 contacts at Emirates NBD. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Who to call at Emirates NBD, and when

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Company Information

Company

Emirates NBD

Location

Dubai, Dubai, United Arab Emirates

About

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

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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 May 18, 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 May 18, 2026. Emirates NBD has received regulatory approval to acquire up to 74% of RBL Bank for approximately $3 billion. This transaction will transform RBL Bank into a subsidiary of a foreign bank under Indian regulations. 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.

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