Emirates NBD Invests ₹26,000 Crore, Secures 60% Stake in RBL Bank
Key Highlights
- Emirates NBD has acquired a 60% majority stake in RBL Bank.
- Total investment stands at approximately ₹26,000 crore ($2.75 billion).
- The deal strengthens India-UAE financial and banking ties.
- RBL Bank expects stronger capital adequacy and accelerated growth.
- Five Emirates NBD executives to join RBL Bank’s board.
Updated News
New Delhi: In one of the largest foreign investments in India’s private banking sector, UAE-based banking giant Emirates NBD has completed its acquisition of a 60% majority stake in RBL Bank through an investment of approximately ₹26,000 crore ($2.75 billion).
The transaction, originally announced in October 2025, has now received all necessary regulatory approvals and has been formally completed. Following the preferential share issue and mandatory open offer, Emirates NBD’s ownership in the private lender has increased to 60%, making it the controlling shareholder.
RBL Bank Managing Director and CEO R. Subramaniakumar said the investment would significantly strengthen the bank’s long-term growth prospects, improve capital adequacy, and support expansion across retail, corporate, and digital banking segments.
As part of the agreement, five senior Emirates NBD executives, including Group CEO Shayne Nelson, will join the RBL Bank board as additional non-executive directors.
Industry experts believe the deal could enhance cross-border banking opportunities, strengthen trade finance between India and the UAE, and accelerate technology adoption within RBL Bank.
Emirates NBD Chairman Sheikh Ahmed bin Saeed Al Maktoum described the transaction as a milestone in the growing economic partnership between India and the United Arab Emirates.
