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(16/10/2026 18:00)

RBI approves merger of Emirates NBD's Indian Branches with RBL Bank

The Reserve Bank of India (RBI) has approved the amalgamation of the Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited.

According to an RBI statement issued on Friday, the merger will take effect from December 1, 2026.

Following the amalgamation, all Indian branches of Emirates NBD Bank will operate as branches of RBL Bank from the effective date, marking a change in the banking operations of the UAE-based lender in India.
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