{"id":87174,"date":"2026-01-24T00:00:00","date_gmt":"2026-01-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/2026\/01\/24\/rbl-banks-request-for-24-foreign-ownership-cap-rejected-amid-emirates-nbd-acquisition\/"},"modified":"2026-01-24T00:00:00","modified_gmt":"2026-01-24T00:00:00","slug":"rbl-banks-request-for-24-foreign-ownership-cap-rejected-amid-emirates-nbd-acquisition","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2026\/01\/24\/rbl-banks-request-for-24-foreign-ownership-cap-rejected-amid-emirates-nbd-acquisition\/","title":{"rendered":"RBL Bank\u2019s request for 24% foreign ownership cap rejected amid Emirates NBD acquisition"},"content":{"rendered":"

The Indian regulatory authorities have reportedly rejected <\/strong>Mumbai<\/strong>-based lender <\/strong>RBL Bank<\/a><\/strong>\u2019s <\/strong>request to temporarily cap foreign shareholding at 24%<\/strong>, a clearance the bank had sought as part of Dubai-based Emirates NBD\u2019s acquisition of a 60% stake in the bank, Economic Times<\/a> reports. This was a precautionary measure to avoid violating foreign shareholding limits, ScanX<\/a> reports. <\/p>\n

What happened:<\/strong> RBL Bank said its application to cap foreign ownership at 24% during the approval process was denied. Under India\u2019s banking rules, aggregate foreign investment in a private-sector bank is permitted up to 74%, subject to regulatory approvals and fit-and-proper norms. The reports did not specify which authority took the decision. <\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Why it matters: <\/strong>ENBD announced in October that it planned to acquire a 60% stake<\/a> in RBL Bank for about USD 3 bn in what would be one of the largest foreign takeovers in India\u2019s banking sector. <\/p>\n

Next steps: <\/strong>Discussions with regulators are ongoing<\/a>, and the proposed transaction remains subject to approvals from India\u2019s banking and financial authorities. <\/p>\n","protected":false},"excerpt":{"rendered":"

The decision could limit ENBD\u2019s proposed acquisition to 51%, below the earlier 60% plan<\/p>\n","protected":false},"author":1,"featured_media":87175,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2456],"tags":[2494,2493,2402,2554,2438,2455,2628],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-banking","tag-emirates-nbd","tag-enterpriseam-india","tag-india-uae-relations","tag-investment","tag-investment-watch","tag-rbl-bank","wpautop","entry"],"acf":{"mongo_id":"543b00c9-c5a0-447d-aa7a-139bc35dbe48","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/405.jpg","photo_position":"above","homepage_title":"","full_issue_title":"RBL Bank\u2019s bid for temporary 24% foreign ownership cap denied by regulators","related_issue":[87168],"teaser":"The decision could limit ENBD\u2019s proposed acquisition to 51%, below the earlier 60% plan"},"yoast_head":"\nRBL Bank\u2019s request for 24% foreign ownership cap rejected amid Emirates NBD acquisition - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/01\/24\/rbl-banks-request-for-24-foreign-ownership-cap-rejected-amid-emirates-nbd-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBL Bank\u2019s request for 24% foreign ownership cap rejected amid Emirates NBD acquisition\" \/>\n<meta property=\"og:description\" content=\"The decision could limit ENBD\u2019s proposed acquisition to 51%, 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