RBL Bank Ltd shares rose sharply today following UAE central bank's approval for Emirates NBD

shares rose sharply today following UAE central bank's approval for Emirates NBD to acquire a majority stake up to 74%, part of a $3 billion deal marking India's largest FDI in banking. Q3 FY26 net profit soared 5.5x YoY to ₹214 Cr, with NII +5% and asset quality improving (GNPA down), though shares dipped 7% on lower-than-expected profits due to 46% provision cuts. Mahindra & Mahindra exited its 3.45% stake for ₹678 Cr (63% return), while Societe Generale bought 31.61 lakh shares for ₹101 Cr.