RBL Bank Ltd Emirates NBD's investment, at ₹280 per share, will give it nearly 60% ownership of RBL Bank

Emirates NBD's investment, at ₹280 per share, will give it nearly 60% ownership of RBL Bank, subject to regulatory caps on foreign shareholding, and will be followed by an open offer for an additional 26% at the same price. RBL Bank management believes this strategic partnership will significantly strengthen its balance sheet, boost its capital base, and provide new growth avenues in wealth management, digital payments, and India-Middle East trade. The partnership is also expected to scale up the bank’s distribution network and expand its retail, SME, and microfinance books.