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RBI approves RBL-Emirates NBD merger
The Reserve Bank of India (RBI) on Friday approved the merger of the Indian branches of Dubai-based Emirates NBD Bank (P.J.S.C.) with RBL Bank. The amalgamation will take effect from December 1, 2026, the central bank said in a press release dated October 16."All the Indian branches of Emirates NBD Bank P.J.S.C. will function as branches of RBL Bank Limited with effect from December 01, 2026," it said.Also Read: Yes Bank expects 250 bps reduction in core capital ratio after SC sets aside AT1 bo…
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