India's RBL Bank climbs on reports Emirates NBD is in advanced talks for stake buy

RBL Bank

14/10/2025 04:58

Oct 14 (Reuters) - Shares of Indian lender RBL Bank RATB.NS climbed 2.6% on Tuesday, following reports of advanced talks with Dubai-based Emirates NBD ENBD.DU for a stake sale.

The stock rose as much as 2.6% to 297 rupees in early trade and was the third-biggest gainer on the 10-member Nifty private banks index .NIFPVTBNK, which was up 0.1%.

The stock was last trading 1.8% higher.

Emirates NBD is in advanced talks to buy a stake in RBL Bank, Reuters reported on Monday, citing two people familiar with the deal.

The Dubai-based bank is looking to invest in the Indian lender via preferential allotment of equity and warrants, and the initial stake purchase could go up to 25%, the report said.

 (Reporting by Manvi Pant; Editing by Sonia Cheema)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))