RBL Bank seeks temporary cap on foreign shareholding amid Emirates NBD investment

RBL Bank stated that, based on the latest shareholding pattern, Emirates NBD has sufficient foreign shareholding headroom to hold a minimum of 51% in the bank. Both the bank and the investor are actively engaged in fulfilling the conditions precedent to the proposed transaction. Shares of RBL Bank Ltd ended at ₹316.15, up by ₹6.45, or 2.08%, on the BSE today, Dec 31.

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