AK News Emirates NBD-RBL Bank Deal: Local Shareholders Vote, Regulatory Nods In First Phase

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Emirates NBD-RBL Bank Deal: Local Shareholders Vote, Regulatory Nods In First Phase

Published on: Oct. 19, 2025, 4:01 p.m. | Source: NDTV Profit

Shareholders of RBL Bank will first vote on the deal with Emirates NBD next month at the bank's annual general meeting. According to R Subramaniakumar, MD & CEO of RBL Bank, once the shareholder nod is in place, both the domestic bank and the Dubai-based buyer will make an application with relevant regulators for approvals. After the regulatory approvals, Emirates NBD will make an open offer for RBL Bank’s shareholders at Rs 280 a share.

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