VERIFIEDET Finance·19 Jun 2026neutral

Emirates NBD completes acquisition of RBL Bank

AI Summary

·Emirates NBD has completed the acquisition of RBL Bank through a preferential allotment of 929.1 million shares at Rs 280 per share.
·The total investment amounted to approximately Rs 26,016 crore.
·RBL Bank's total share count has more than doubled to 1.5485 billion following the allotment.