Emirates NBD plans to acquire a 60% stake in India’s RBL Bank for $3 billion, expanding its presence in the Indian banking sector and boosting cross-border financial growth.
Emirates NBD plans to acquire a 60% stake in India’s RBL Bank for $3 billion, expanding its presence in the Indian banking sector and boosting cross-border financial growth.
Dubai, UAE – October 19, 2025 – Emirates NBD, one of Dubai’s largest banking groups, has announced plans to acquire a 60% stake in India’s RBL Bank for $3 billion, marking a major strategic expansion into the South Asian market.
The acquisition aims to strengthen Emirates NBD’s presence in India, one of the fastest-growing banking markets globally, and provide the bank with broader access to retail and corporate clients across the country. The deal is expected to enhance Emirates NBD’s service offerings, leveraging RBL Bank’s existing infrastructure and customer base to expand digital banking solutions and innovative financial services.
Speaking about the acquisition, a spokesperson for Emirates NBD said, “This investment reflects our commitment to strategic international growth and strengthens our position in key emerging markets. India presents significant opportunities for banking and financial services, and this acquisition will allow us to better serve customers while fostering long-term growth.”
RBL Bank, headquartered in Mumbai, has grown rapidly in recent years, offering a range of services from retail banking and SME loans to corporate banking solutions. The acquisition by Emirates NBD is expected to bring in additional capital, technology support, and international expertise, further bolstering RBL Bank’s capabilities.
Financial analysts suggest that the transaction could set a precedent for increased cross-border banking investments between the UAE and India, highlighting the growing economic ties between the two countries. The deal is subject to regulatory approvals in both India and the UAE and is expected to be finalized in the coming months.
With this acquisition, Emirates NBD continues its strategy of diversifying its international portfolio, strengthening its position as a global banking leader while tapping into the growth potential of India’s expanding financial sector.
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