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    Dubai's Emirates NBD gets India's central bank nod to become majority owner of RBL Bank

    Picture of RBL Bank logoRBL Bank
    02/04/2026 15:52
    April 2 (Reuters) - India's central bank has approved Emirates NBD Bank's  proposal to acquire a majority stake in RBL Bank , the Mumbai-based lender said on Thursday, in a crucial regulatory clearance for one of the largest cross-border deals in India's financial sector.

In October last year, Emirates NBD announced plans to buy a 60% stake in the Indian lender for $3 billion.

 (Reporting by Ashwin Manikandan and Nishit Navin; Editing by Tasim Zahid)

 ((Ashwin.Manikandan@thomsonreuters.com;))

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