Acquisition History / Emirates NBD Bank PJSC / RBL Bank Ltd (60%)
Emirates NBD Bank PJSC Acquires RBL Bank Ltd (60%)
Announced October 18, 2025 — $3.05B
What happened
Emirates NBD agreed to invest Rs 26,853 crore for a 60% stake in Indian private lender RBL Bank through a preferential issue of shares, becoming its promoter. It is the largest investment by a Middle Eastern bank in India and the largest foreign direct investment into Indian banking. The deal was subject to RBI and other regulatory approvals.
- Acquirer
- Emirates NBD Bank PJSC
- Target
- RBL Bank Ltd (60%)
- Announced
- October 18, 2025
- Price
- $3.05B
- Industry
- Private sector banking
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Emirates NBD Bank PJSC acquire RBL Bank Ltd (60%)?
Emirates NBD Bank PJSC acquired RBL Bank Ltd (60%) on October 18, 2025. This was Emirates NBD Bank PJSC's 1st publicly tracked acquisition out of 1 we have on record.
How much did Emirates NBD Bank PJSC pay for RBL Bank Ltd (60%)?
Emirates NBD Bank PJSC paid $3.05B for RBL Bank Ltd (60%).
What does RBL Bank Ltd (60%) do?
Emirates NBD agreed to invest Rs 26,853 crore for a 60% stake in Indian private lender RBL Bank through a preferential issue of shares, becoming its promoter. It is the largest investment by a Middle Eastern bank in India and the largest foreign direct investment into Indian banking. The deal was subject to RBI and other regulatory approvals.
What other Private sector banking companies has Emirates NBD Bank PJSC acquired?
RBL Bank Ltd (60%) is Emirates NBD Bank PJSC's only publicly tracked acquisition in Private sector banking so far.