Newsbreak Confirmed: Dubai’s State-Owned Bank Emirates NBD To Buy RBL Stake For Rs 26,853 Crore

RBL Bank Ltd. approved raising up to Rs 26,853 crore via a primary stake sale to Dubai’s state-owned lender Emirates NBD Bank, according to a regulatory filing on Saturday.
RBL Bank will sell 95.9 crore shares to Emirates NBD at Rs 280 each, which ma…

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