RBL Bank on Friday said it has obtained regulatory and governmental approvals for the proposed strategic investment of nearly $3 billion (₹26,850 crore) by Emirates NBD, paving the way for completion of the transaction.
The transaction, which was first announced on October 18, 2025, involves primary infusion of about $3 billion by Emirates NBD in RBL Bank and is one of the largest international investments in the Indian banking sector, the bank said in a statement.
Emirates NBD will subscribe to up to 959,045,636 fully paid equity shares of RBL Bank at ₹280 per share through a preferential issue, representing approximately 60 per cent of RBL Bank’s post-issue paid-up share capital.
Final shareholding
The foreign bank’s final shareholding is expected to range between 51 per cent and 74 per cent of total paid-up share capital, subject to compliance with applicable foreign ownership limits and the conclusion of the mandatory open offer process.
Chandan Sinha, Chairman, RBL Bank, said, “The approval reinforces confidence in our franchise and positions us to unlock new growth opportunities, expanding cross-border corridors and scaling of our key business segments while maintaining customer centricity and strong governance standards.”
R Subramaniakumar, MD & CEO, RBL Bank, said the capital infusion strengthens the bank’s ability to accelerate growth, deepen presence across priority segments, and unlock new opportunities both domestically and globally.
Published on May 15, 2026