Acquisition History / Emirates NBD / RBL Bank
Emirates NBD Acquires RBL Bank
Announced October 2025 — $3B
What happened
Emirates NBD agreed to take a 60% majority stake in Indian private-sector lender RBL Bank through a primary capital infusion of about USD 3 billion (roughly Rs 26,850 crore). It is the largest foreign direct investment into the Indian banking sector; the deal completed in June 2026 after RBI and other approvals.
- Acquirer
- Emirates NBD
- Target
- RBL Bank
- Announced
- October 2025
- Price
- $3B
- Industry
- Banking
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Emirates NBD acquire RBL Bank?
Emirates NBD acquired RBL Bank on October 2025. This was Emirates NBD's 1st publicly tracked acquisition out of 1 we have on record.
How much did Emirates NBD pay for RBL Bank?
Emirates NBD paid $3B for RBL Bank.
What does RBL Bank do?
Emirates NBD agreed to take a 60% majority stake in Indian private-sector lender RBL Bank through a primary capital infusion of about USD 3 billion (roughly Rs 26,850 crore). It is the largest foreign direct investment into the Indian banking sector; the deal completed in June 2026 after RBI and other approvals.
What other Banking companies has Emirates NBD acquired?
RBL Bank is Emirates NBD's only publicly tracked acquisition in Banking so far.
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