RBL Bank Receives RBI Approval for Emirates NBD India Branch Amalgamation

RBL Bank Limited has received approval from the Reserve Bank of India (RBI) to amalgamate the Indian branches of Emirates NBD Bank P.J.S.C. with itself. The amalgamation, sanctioned under Section 44A of the Banking Regulation Act, 1949, will be effective from December 01, 2026. Following this, all Indian branches of Emirates NBD Bank will operate as branches of RBL Bank. This move is expected to strengthen RBL Bank's market presence and operational scale within India.