Reserve Bank sanctions amalgamation of Emirates NBD Bank's Indian branches with RBL Bank from 1 December 2026

16 October 2026

The Reserve Bank of India sanctioned a Scheme of Amalgamation of the Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited. The sanction was given under sub-section (4) of Section 44A of the Banking Regulation Act, 1949. The scheme takes effect from 1 December 2026, and from that date the Indian branches of Emirates NBD Bank will function as branches of RBL Bank. The press release is numbered 2026-2027/1342 and is signed by Chief General Manager Brij Raj. Emirates NBD Bank is the transferor and RBL Bank is the transferee under the scheme.