October 2025

1. 18 Oct2025
   Economy

   Emirates NBD to acquire 60 percent of RBL Bank¹²³

   Emirates NBD agreed on 17-18 October 2025 to invest about Rs 26,850 crore for up to a 60 percent controlling stake in RBL Bank, reported as the largest foreign investment in India's banking sector. A mandatory open offer for up to 26 percent at Rs 280 per share opened on 12 December 2025.

   • Deal announced 17-18 October 2025; stake up to 60 percent via preferential issue
   • Value about Rs 26,850 crore (about USD 3 billion); RBL filing says Rs 26,853 crore
   • Mandatory open offer for up to 26 percent at Rs 280 per share, opening 12 December 2025
   • Described by outlets as the largest foreign direct investment in Indian banking

Sources

1. Business Standard
2. Outlook Business
3. Gulf News