RBL Bank has announced a significant development concerning the planned acquisition of a majority stake by Emirates NBD Bank (P.J.S.C). The Bank confirmed receiving approval from the Central Bank of the UAE on March 24, 2026. This approval covers the acquisition of a majority stake and the amalgamation of Emirates NBD’s existing Indian operations into RBL Bank, contingent upon final regulatory clearances.
Regulatory Update on Shareholding Change
RBL Bank Limited issued a formal update on March 25, 2026, regarding the proposed transaction involving Emirates NBD Bank (P.J.S.C), referred to as the “Investor.” This announcement serves as a follow-up to previous disclosures made on October 18, 2025.
UAE Regulator Approval Received
The Bank has been officially informed by Emirates NBD that it received a letter from the Central Bank of the United Arab Emirates dated March 24, 2026. This letter provides approval for two key elements of the proposal:
- The Investor’s proposed acquisition of a majority stake in RBL Bank.
- The proposed amalgamation of the Investor’s existing operations currently located in India into RBL Bank.
It is explicitly noted that this approval is provisional, subject to the receipt of all necessary regulatory approvals from Indian authorities.
Compliance and Disclosure
In adherence to compliance requirements, RBL Bank confirms that this information, along with other relevant listing disclosures, has been hosted on the Bank’s official website, www.rbl.bank.in.
Source: BSE
