{"id":118633,"date":"2026-06-19T00:00:00","date_gmt":"2026-06-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=118633"},"modified":"2026-06-19T02:46:38","modified_gmt":"2026-06-19T02:46:38","slug":"emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/","title":{"rendered":"Emirates NBD takes control of RBL Bank after securing 60% stake"},"content":{"rendered":"

Emirates NBD is now the majority owner of India\u2019s RBL, after getting a historic <\/strong>transaction over the line.<\/strong> The Dubai lender acquired a 60% stake in the Indian private-sector bank for USD 2.8 bn, closing the largest foreign direct investment ever made in India\u2019s banking sector, it confirmed in a press release (pdf)<\/a>.<\/p>\n

The acquisition marks the first time a foreign bank has acquired a majority stake in a profitable Indian lender<\/strong> \u2014 a barrier that held for decades, and that the Reserve Bank of India and India's capital markets regulator SEBI both had to sign off on. Emirates NBD acquired its stake through a preferential share issue. Public shareholders, offered the chance to exit under India's mandatory open offer rules, didn\u2019t tender their shares (pdf)<\/a>, leaving Emirates NBD with just 60%, rather than the 74% it could\u2019ve potentially bought. <\/p>\n

Why it matters: <\/strong>The lender said the partnership will strengthen cross-border trade, investment and financial flows between India, the UAE and other regional markets. It institutionalizes the UAE-India capital corridor at the banking level \u2014 giving Dubai\u2019s largest lender by assets a direct presence through more than 600 branches in a market of more than 1.4 bn people. <\/p>\n

What\u2019s next: <\/strong>Emirates NBD is consolidating its existing Indian branches into RBL Bank, and positioning itself on the board of RBL Bank, with a reshuffling that saw two resignations of existing board members at the Indian bank, and five new members from Emirates NBD: Group CEO Shayne Nelson, Group CFO Patrick Sullivan, Group Head of Strategy, Analytics, and Venture Capital Neeraj Makin, Group Chief Risk Officer Manoj Chawla, and Group Head of Retail Banking & Wealth Management Marwan Hadi. <\/p>\n","protected":false},"excerpt":{"rendered":"

The acquisition is the largest foreign direct investment ever made in India\u2019s banking sector<\/p>\n","protected":false},"author":1,"featured_media":118634,"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":[2392],"tags":[260,7,1344,60],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-118633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-emirates-nbd","tag-enterpriseam-uae","tag-ma","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"2f4b0790-6668-4edf-b046-a4f3648baef8","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/4\/1580.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emirates NBD seals UDF 2.75 bn RBL Bank acquisition in India","related_issue":[118626],"teaser":"The acquisition is the largest foreign direct investment ever made in India\u2019s banking sector"},"yoast_head":"\nEmirates NBD takes control of RBL Bank after securing 60% stake - UAE<\/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\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emirates NBD takes control of RBL Bank after securing 60% stake\" \/>\n<meta property=\"og:description\" content=\"The acquisition is the largest foreign direct investment ever made in India\u2019s banking sector\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-19T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-19T02:46:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Emirates NBD takes control of RBL Bank after securing 60% stake\",\"datePublished\":\"2026-06-19T00:00:00+00:00\",\"dateModified\":\"2026-06-19T02:46:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\"},\"wordCount\":286,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Emirates NBD\",\"EnterpriseAM UAE\",\"M&A\",\"M&A WATCH\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\",\"name\":\"Emirates NBD takes control of RBL Bank after securing 60% stake - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-06-19T00:00:00+00:00\",\"dateModified\":\"2026-06-19T02:46:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Emirates NBD takes control of RBL Bank after securing 60% stake\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Emirates NBD takes control of RBL Bank after securing 60% stake - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/","og_locale":"en_US","og_type":"article","og_title":"Emirates NBD takes control of RBL Bank after securing 60% stake","og_description":"The acquisition is the largest foreign direct investment ever made in India\u2019s banking sector","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/","og_site_name":"UAE","article_published_time":"2026-06-19T00:00:00+00:00","article_modified_time":"2026-06-19T02:46:38+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Emirates NBD takes control of RBL Bank after securing 60% stake","datePublished":"2026-06-19T00:00:00+00:00","dateModified":"2026-06-19T02:46:38+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/"},"wordCount":286,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1","keywords":["Emirates NBD","EnterpriseAM UAE","M&A","M&A WATCH"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/","name":"Emirates NBD takes control of RBL Bank after securing 60% stake - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1","datePublished":"2026-06-19T00:00:00+00:00","dateModified":"2026-06-19T02:46:38+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/19\/emirates-nbd-takes-control-of-rbl-bank-after-securing-60-stake\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Emirates NBD takes control of RBL Bank after securing 60% stake"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1580.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/118633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=118633"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/118633\/revisions"}],"predecessor-version":[{"id":118676,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/118633\/revisions\/118676"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/118626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/118634"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=118633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=118633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=118633"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=118633"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=118633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}