RBL Bank shares witnessed a sharp rally of nearly 5% on Monday after reports confirmed that Emirates NBD Bank, one of the leading banks in the Middle East, will acquire a 60% stake in the private Indian lender. The acquisition marks one of the largest cross-border banking investments in recent years, signaling renewed global interest in India’s financial sector.
According to market observers, the deal will provide RBL Bank with a significant capital infusion and access to international banking expertise, helping it expand its retail and SME portfolios. Investors reacted positively to the news, with the stock touching an intraday high on the NSE.
Analysts expect the move to boost RBL Bank’s balance sheet strength, improve its asset quality, and enhance its digital banking capabilities. The acquisition still awaits regulatory approval from the Reserve Bank of India (RBI) and other authorities.
