The Reserve Bank of India has sanctioned the amalgamation of the Indian branches of Emirates NBD Bank with RBL Bank, effective December 1, 2026.
Why it matters: From December, Emirates NBD's Indian branch network folds into RBL Bank, closing a formal regulatory step in the Gulf bank's expansion in India.
Data as of Reserve Bank of India press release 2026-2027/1342, published October 16, 2026. Developing item, single sourced to the RBI release itself.
The Reserve Bank of India has sanctioned the scheme of amalgamation of the Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited, under section 44A of the Banking Regulation Act, 1949. The amalgamation takes effect on December 1, 2026.
From that date, all Indian branches of Emirates NBD Bank will function as branches of RBL Bank Limited.