business / news / / The Economic Times
RBL Bank shares rose sharply on Monday after strong Q4 business numbers and the RBI’s nod for Emirates NBD to acquire up to 74% stake in.
RBI has approved Emirates NBD to acquire up to 74% stake in RBL Bank.
KEY POINTS
- After the stake sale, RBL Bank will be classified as a foreign bank in WOS mode.
- RBL Bank's total business crossed Rs 2.5 lakh crore, up 24% YoY in Q4 FY26.
- RBL Bank's Q4 gross advances and deposits growth exceeded analyst estimates significantly.
COMPANIES
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