RBI approves Emirates NBD merger with RBL Bank from December 1: 5 key things to know

The Reserve Bank of India (RBI) has approved the amalgamation of Emirates NBD Bank P.J.S.C.’s Indian branches with RBL Bank Ltd, with the merger set to take effect from 1 December 2026. From that date, all Indian branches of Emirates NBD will function as branches of RBL Bank, according to RBI’s announcement on 16 October.The approval marks a key step in Emirates NBD’s expansion in India following its acquisition of a majority stake in RBL Bank in June 2026. Here…