The Finance Ministry has approved Dubai-based Emirates NBD Bank to acquire up to 74 percent stake in RBL Bank. This has paved the way for investment of about Rs 26,850 crore in the country. RBL Bank said in the information given to the stock market that this proposed acquisition has been approved in a letter sent by the Department of Financial Services of the Ministry. This approval has been given to take stake more than 49 percent and up to 74 percent of the total paid-up equity share capital. This acquisition deal was announced on October 18, 2025. This is considered to be one of the largest international investments ever in the Indian banking sector.
What kind of deal will it be?
RBL Bank said in a statement that about three billion dollars (about Rs 26,850 crore) will be invested as primary capital investment. This will position the bank strongly for its next phase of growth. Under the proposed investment, Emirates NBD Bank will purchase 959,045,636 equity shares at a price of Rs 280 per share through preferential issue.
After this deal, the stake of this foreign bank in RBL Bank can be between 51 percent to 74 percent, which will depend on the regulatory conditions. After the transaction, the model of a subsidiary of a foreign bank will be implemented in the bank and Emirates NBD Bank will be recognized as the promoter. Earlier, Reserve Bank of India and Competition Commission have also approved this acquisition proposal.
Bank share price at present
There was a slight rise in the shares of RBL Bank on Friday. According to the data, the bank’s shares closed at Rs 338 with a rise of Rs 1.05. Whereas during the trading session the bank’s shares had also reached the day’s high of Rs 339.55. However, the company’s shares had opened at Rs 337.95 and closed at Rs 336.95 on Thursday. However, the 52-week high of bank shares was seen at Rs 349.75. This means that the bank’s share is trading Rs 10 to 11 below its 52-week high.
