RBL Bank has addressed a recent news item suggesting that Emirates NBD is preparing a $1.7 billion bid to acquire a majority stake in the bank. The bank clarified that while it routinely explores opportunities, it does not believe current discussions warrant disclosure. Furthermore, the bank stated the article’s contents are incorrect and it is unaware of any undisclosed information that could explain recent trading activity.
Response to Acquisition Speculation
RBL Bank has issued a clarification concerning a news item that appeared on October 14, 2025, regarding a potential acquisition by Emirates NBD. The article claimed Emirates NBD was ready with a $1.7 billion cheque to acquire a majority stake in RBL Bank.
Bank’s Stance on Negotiations
RBL Bank stated that it is on a growth trajectory and routinely explores opportunities to enhance shareholder value. However, the bank emphasized that such discussions do not currently warrant disclosure. The Bank is denying the news.
Information Disclosure and Trading Activity
RBL Bank also clarified that it is not aware of any undisclosed information that could explain recent trading activity and adheres to high standards of governance and disclosures.
Source: BSE
