Emirates NBD to launch open offer for RBL Bank next month

India-based private sector bank RBL Bank has announced that Emirates NBD will launch an open offer to buy its equity shares from public investors on 12 December 2025. This open offer will cover up to 415,586,443 equity shares, representing a 26% stake in the Indian bank, and the offer price is set at Rs 280 ($3.16) per share. This move follows Emirates NBD’s announcement last month about its plans to purchase a 60% stake in RBL Bank for $3bn. Emirates NBD plans to carry out the acquisition through its I ...