
Business & Finance
Oct 19•2 min read
RBI sanctions amalgamation of Emirates NBD India branches with RBL Bank
Central bank clearance allows RBL Bank to integrate the Indian operations of Dubai-based lender Emirates NBD.
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Central bank clearance allows RBL Bank to integrate the Indian operations of Dubai-based lender Emirates NBD.

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.