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Emirates NBD to Acquire Controlling Stake in RBL Bank for US$3B
The Boards of Directors of Dubai’s Emirates NBD Bank (ENBD) and India’s RBL Bank have approved entering into definitive agreements for ENBD to acquire a controlling stake in RBL Bank through a primary capital infusion of approximately US$3 billion (around INR 26,850 crore). The proposed transaction represents the largest foreign…
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