CCI Approves Shareholding Acquisition in RBL Bank by Emirates NBD Bank
The Competition Commission of India has given its approval for the proposed acquisition of a significant shareholding in RBL Bank Limited by Emirates NBD Bank P.J.S.C., ranging from 51% to 74% of RBL's share capital through various means, including a mandatory open offer under SEBI regulations, preferential allotment, and the integration of ENBD's Indian banking operations with RBL.
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