2025-10-14 09:41:24 am | Source: Reuters
India`s RBL Bank climbs on reports Emirates NBD is in advanced talks for stake buy
Shares of Indian lender RBL Bank climbed 2.6% on Tuesday, following reports of advanced talks with Dubai-based Emirates NBD for a stake sale.
The stock rose as much as 2.6% to 297 rupees in early trade and was the third-biggest gainer on the 10-member Nifty private banks index, which was up 0.1%.
The stock was last trading 1.8% higher.
Emirates NBD is in advanced talks to buy a stake in RBL Bank, Reuters reported on Monday, citing two people familiar with the deal.
The Dubai-based bank is looking to invest in the Indian lender via preferential allotment of equity and warrants, and the initial stake purchase could go up to 25%, the report said.
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