Dubai’s ENBD Makes Biggest Foreign Bet On Indian Banking

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ENBD secures a $3 billion RBL Bank deal, marking the United Arab Emirates’ largest foreign banking investment in India to date. Dubai’s Emirates NBD Bank PJSC (ENBD), the second-largest bank in the United Arab Emirates (UAE), is about to make the largest foreign direct investment in India’s banking sector in history, with the acquisition of 74% of the paid-up shares of private sector bank RBL, and has received the Reserve Bank of India’s approval. The approximately $3 billion deal includes an

Dubai’s ENBD Makes Biggest Foreign Bet On Indian Banking https://gfmag.com/ - 04.05.2026 18:00

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Dubai’s ENBD Makes Biggest Foreign Bet On Indian Banking https://gfmag.com/ - 04.05.2026 18:00