India, May 7 -- In a regulatory filing submitted to the BSE and NSE on May 7, 2026, RBL Bank Limited announced that the Reserve Bank of India (RBI) has officially approved amendments to its Articles of Association (AoA). This approval, granted via a letter dated May 6, 2026, specifically covers the director nomination rights for Emirates NBD Bank (P.J.S.C.), following the landmark investment agreement originally entered on October 18, 2025.

The deal involves a primary capital infusion of approximately Rs. 26,853 crore by Emirates NBD through a preferential issue of 95.90 crore equity shares at Rs. 280 per share. This strategic partnership will result in Emirates NBD acquiring an initial primary stake of 60%, eventually reaching up to 74%...