Emirates NBD’s Open Offer for 26% Stake in RBL Bank to Begin December 12

RBL Bank on Wednesday announced that Emirates NBD Bank’s open offer to acquire a 26 per cent stake in the private lender will open on December 12, 2025, and close on December 26, 2025.

In a regulatory filing, RBL Bank said the offer is being made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for acquiring up to 41.55 crore equity shares with a face value of ₹10 each at an offer price of ₹280 per share.

The acquisition represents 26 per cent of RBL Bank’s expanded voting share capital and aims to strengthen Emirates NBD’s presence in the Indian banking sector.

The open offer follows regulatory approvals and forms part of Emirates NBD’s broader strategic expansion in South Asia. The transaction, once completed, could mark one of the significant foreign investments in India’s private banking space this year.