Archive · 1 Jan 2026
RBL Bank's Foreign Shareholding Cap Request Rejected
RBL Bank, an Indian lender, asked the government and the Reserve Bank of India to temporarily limit foreign ownership to 24% of its shares.
This was to manage investments related to a deal with Emirates NBD, a bank from the UAE.
However, the authorities did not approve this request.
The bank says this is not an emergency but a precaution.
Emirates NBD can still buy a big part of RBL Bank, up to 51%, if all the rules are followed.
The bank's shares went up by 2.08% on Wednesday and have doubled in the last year.
RBL Bank's request for a temporary cap on foreign shareholding at 24% was rejected by authorities.
The request was made to manage foreign investment inflows related to a proposed transaction with Emirates NBD.
Emirates NBD still has the potential to acquire a stake of at least 51% in RBL Bank, subject to regulatory approvals.
The proposed transaction remains contingent on receiving necessary regulatory approvals and fulfilling conditions precedent.
RBL Bank's shares ended 2.08% higher on Wednesday at ₹316.15, with a 100% rally over the past year.
- Who
- RBL Bank
- What
- Request for a temporary cap on foreign shareholding rejected
- When
- Request made and rejected; proposed transaction contingent on future approvals
- Where
- India
- Why
- To manage foreign investment inflows in the context of its proposed transaction with Emirates NBD
- Bank
- RBL Bank
- Request
- Temporary cap on foreign shareholding at 24%
- Regulatory Bodies
- Reserve Bank of India and Government of India
- Current Share Price
- ₹316.15
- Stock Performance (1 Year)
- 100% rally
- Proposed Transaction Partner
- Emirates NBD
- Potential Stake by Emirates NBD
- At least 51%
- Date of Investment Agreement
- October 18, 2025