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India's RBL Bank gains on Emirates NBD's $3 billion stake buy

Oct 20 (Reuters) - India's RBL Bank RATB.NS jumped 4% on Monday after Emirates NBD bank's ENBD.DU record $3 billion cross-border investment in the Indian lender.

The stock was trading at its highest level since early 2020 and was among the top percentage gainers on the Nifty private bank index .NIFPVTBNK, which was trading about 1% higher.

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.Tandon@thomsonreuters.com; 8800437922;))

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