Emirates NBD Completes 60% Stake Acquisition In RBL Bank

Emirates NBD has completed its acquisition of a 60% stake in RBL Bank through a strategic investment of roughly $2.75 billion, following the mandatory open offer required under Indian takeover rules for public shareholders.

The deal was first announced in October 2025 at an estimated value of about $3 billion, with Emirates NBD initially expected to acquire a 51% stake; the final completed stake came in higher, at 60% of RBL Bank’s expanded share capital.

This marks one of the largest foreign investments into an Indian private sector bank.