Alpha Tribe

RBL Bank LimitedImportant, 22-05-2026: Updates

22-05-2026 · 06:08 pm

Emirates NBD launched an open offer to acquire 26% of RBL Bank at ₹282.38/share, valuing it at ~11,735 Cr. This follows a preferential share issue worth ~26,853 Cr. The combined deal aims for 51-74% ownership, amalgamating Emirates NBD's India branches into RBL Bank, which also faces a ~10.34 Cr GST demand.

No comments yet. Be the first to comment!

All announcements from RBL Bank Limited