Emirates NBD Bank, one of the Middle East’s largest financial institutions, will open a public offer to acquire up to 26% of RBL Bank starting December 12, 2025. The open offer, priced at Rs. 280 per share, is part of Emirates NBD’s broader plan to secure a 60% stake in the Indian private lender through a preferential share issue and open market purchase. If fully subscribed, the open offer could amount to Rs. 11,636 crore, marking one of the largest foreign investments in India’s financial sector.