RBL to seek DPIIT nod to raise its FDI ceiling to 74%

October 28, 2025

RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank’s $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12.

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