Emirates NBD completes acquisition of RBL Bank
The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share, aggregating to about Rs 26,016 crore. As a result of the allotment, RBL Bank's total share count has more than doubled -to 1.5485 billion from about 619.4 million.