
Business & Finance
Oct 19•2 min read
RBI okays Scheme of Amalgamation of Indian branches of Emirates NBD with RBL Bank
Regulatory nod allows the domestic lender to integrate the UAE banking giant's local branch operations.
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Regulatory nod allows the domestic lender to integrate the UAE banking giant's local branch operations.

Regulatory nod sets December 1 as the effective date for integrating Emirates NBD's domestic operations.

The Reserve Bank of India greenlights the integration of the UAE lender's local branch network into RBL Bank.