Mumbai, June 18 -- In a historic milestone for India's financial sector, Maharashtra Chief Minister Devendra Fadnavis on Thursday hailed Dubai-based Emirates NBD's landmark USD 3 billion strategic investment in RBL Bank as a massive validation of the country's economic trajectory.

Speaking at the formal announcement ceremony in Mumbai, Fadnavis emphasised that the deal underscores India's soaring global standing.

"It demonstrates the immense confidence that global investors have in the Indian economy, the Indian banking system, and the India Growth Story," Fadnavis said.

Highlighting the broader regulatory and structural implications of the transaction, the Chief Minister added, "This single deal will pave the way for many more agreeme...