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NDTV PROFIT - LATEST · INDIAN ·

Emirates NBD Completes Acquisition Of Majority Stake In RBL Bank With $2.75 Billion Investment

As reported by NDTV Profit - Latest
The capital infusion is expected to strengthen RBL Bank's balance sheet, improve capital adequacy and support the lender's expansion plans.
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Emirates NBD has successfully acquired a majority stake in RBL Bank, investing $2.75 billion. This significant capital infusion is set to bolster RBL Bank's financial health. The move is expected to strengthen its balance sheet, enhance capital adequacy, and fuel the Indian…

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