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RBLBANK (NSE)
RBL Bank Limited has received formal approval from the Reserve Bank of India (RBI) for the amalgamation of all Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited.
The approval was granted via an RBI letter dated October 16, 2026, issued under sub-section (4) of Section 44A of the Banking Regulation Act, 1949. This follows the bank's earlier communication dated November 12, 2025 regarding the proposed amalgamation.
The effective date of the amalgamation is set for December 1, 2026. From this date, all Indian branches of Emirates NBD Bank P.J.S.C. will commence operations as branches of RBL Bank Limited.
The communication was digitally signed by Niti Arya, Company Secretary of RBL Bank Limited, on October 16, 2026 at 21:09:36 +05:30.