Rajeev Ahuja, Executive Director, R Subramaniakumar, MD & CEO, Jaideep Iyer, Head-Strategy, RBL Bank at a press convention in Mumbai on October 19, 2025 | Photo Credit: Lalatendu Mishra

Post signing the $3 billion deal to promote upto 60% stake to Emirates NBD Bank, UAE’s second largest public sector financial institution, the RBL Bank, a mid-size financial institution, with the contemporary funds at its disposal, will quickly be part of the league of massive banks in India stated R. Subramaniakumar, MD & CEO, RBL Bank on Sunday (October 19, 2025).

Currently thirteenth largest by way of market cap, the financial institution is eyeing prime 5 place amongst non-public sector banks within the nation. 

“Our aspirations is to develop multi-folds, and the capital infusion will assist. We at the moment are a mid-size financial institution and our aspiration is to maneuver into the league of massive financial institution,” he stated whereas addressing a press convention.

The deal, the most important within the Indian banking, sector, is anticipated to finish in 5 to eight months. 

The financial institution will quickly apply for approvals to the RBI, SEBI, Government of India and Competition Commission of India (CCI). It has referred to as an EGM on November 12, 2025 to hunt shareholders’ approval for the deal. 

Soon after, ENBD Bank will make an open provide to public shareholders of RBL Bank and relying on the response, the scale of the preferential allotment to RNBD shall be adjusted. But the international financial institution can have a minimal holding of 51% in RBL Bank, it was defined.

After completion of the deal, RBL Bank would be the Indian subsidiary of the international financial institution and can proceed to be listed on Indian exchanges. Whether it’s title will change to ENBD has not been determined. Bank officers stated it could evolve through the years.

The board composition can even change as ENBD would place it’s nominees and no ultimate resolution has been made. 

With the contemporary funds, the financial institution will get into lending corporates and wealth administration, it s prime administration stated.

Part of the funds shall be utilised in expertise, model constructing and to strengthen digital banking, they stated. 

The 82-year-old financial institution, began in rural Maharashtra and previously often known as Rathnakar Bank Ltd, has come a great distance by strengthening company governance below regulatory supervision and run by skilled administration. It’s acquisition by ENBD Bank will give it a brand new course and elevate it’s stature on this planet of banking. 

Published – October 19, 2025 07:20 pm IST