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