RBI approves merger of Emirates NBD’s India branches with RBL Bank from 1 December
· livemint.com
The move consolidates the Dubai-based lender’s Indian operations with RBL Bank after its over ₹26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.
MUMBAI: The Reserve Bank of India (RBI) has approved the merger of Emirates NBD Bank P.J.S.C.’s Indian branches with RBL Bank, effective 1 December, consolida...