RBL Bank's NIM trajectory will improve by 10-15bp every quarter. (Photographer: Vijay Sartape/NDTV Profit)
Emirates will invest $3 billion for a 60% stake in RBL Bank, triggering an open offer to acquire up to 26%. This will enable RBL Bank to scale up its operations and expand into cross-border and NR business. The deal, subject to regulatory and shareholder approvals, brings strategic capital and global synergy without changing senior management.