CCI approves 74% stake acquisition by Emirates NBD Bank in RBL Bank; shares end 1% higher

Shares of RBL Bank recouped all the intraday losses in the afternoon, after the bank announced CCI’s approval for the acquisition of 74% stake by Emirates NBD Bank in RBL Bank.The shares closed 1.17% higher at ₹297 apiece on the NSE after hitting intraday high of ₹302 apiece on the NSE. RBL Bank shares have been the top gainer in the entire one year period by giving nearly 100% returns, outperforming the benchmark NIFTY Bank by huge margin.

Emirates NBD Bank (P.J.S.C.) (ENBD) has secured the Competition Commission of India’s (CCI) approval for the acquisition of up to 74% (and not less than 51%) of the shareholding of RBL Bank. The transaction includes a mandatory open offer representing up to 26% of the expanded voting capital of RBL Bank, a preferential allotment of equity shares amounting to up to 60% of the total paid-up equity share capital of RBL Bank and the proposed amalgamation of ENBD’s banking operations in India (carried on through the branch mode and operating through its network of 3 branches in India) (ENBD India Branches) into and with RBL Bank on a going concern basis.

Earlier in October 2025, the Board of Directors of ENBD and RBL Bank approved entering into definitive agreements for the same. ENBD is a public joint stock company listed on the Dubai Financial Market and headquartered in Dubai, United Arab Emirates (UAE). ENBD is a banking group active in several countries, including India. It is engaged in a range of banking products and services, including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.

RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals, including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.