Emirates NBD is currently amid advanced discussions to pick up majority stake in RBL Bank, said multiple industry sources to Moneycontrol. "Emirates NBD is keen on picking up more than 51% stake in RBL Bank. They feel it's a good asset and are pursuing the deal for commercial reasons," claimed a source. The deal will be subject to RBI approval.
short by
Ishita Ranganath /
10:26 pm on
13 Oct