RBL Bank's board reconstitution follows Emirates NBD's majority stake acquisition, positioning it for future growth and stability.

Emirates NBD completes $2.75 billion acquisition of majority stake in RBL Bank, marking a significant investment in India's banking sector.

RBL Bank's board reconstitution follows Emirates NBD's majority stake acquisition, positioning it for future growth and stability.

The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share, aggregating to about Rs 26,016 crore.…

MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic…