RBL Bank provides an update on the proposed investment by Emirates NBD Bank (P.J.S.C). The bank has been in discussion with regulatory bodies regarding the capping of foreign shareholding at 24%. While full approvals are pending, RBL Bank and Emirates NBD Bank remain committed to the transaction. All parties are actively working to fulfill the conditions precedent for the investment. The investor needs headroom to hold a minimum of 51% stake.
Investment Overview
RBL Bank has released an update concerning the proposed investment by Emirates NBD Bank (P.J.S.C) (“Investor”) via a preferential issue of equity shares (“Proposed Transaction”). The company’s formal announcement is dated December 31, 2025.
Regulatory Engagement
RBL Bank confirms it has made applications to the Reserve Bank of India and Government of India. These applications pertain to the temporary capping of foreign shareholding at 24% of the total equity instruments. RBL bank indicated that as of the date of the disclosure, these applications have not been fully acceded to.
Current Status and Outlook
Both RBL Bank and the Investor are actively working towards fulfilling all conditions necessary for the Proposed Transaction to proceed. The investor requires shareholding headroom to hold a minimum of 51% in the Bank. Further updates will be provided to the stock exchanges regarding any significant developments.
Source: BSE
