RBI Clears Emirates NBD Branch Merger With RBL Bank, Setting December 1, 2026 Effective Date
The Reserve Bank of India has approved the amalgamation of Emirates NBD Bank’s Indian branches with RBL Bank, marking a significant cross-border banking transaction in the domestic financial sector. The merger will take effect on December 1, 2026, following earlier approval from the Finance Ministry for Emirates NBD’s proposed acquisition of a substantial stake in RBL Bank.
