Emirates NBD's India branches will operate as RBL Bank branches from 1 December 2026
The RBI has approved the merger of Emirates NBD Bank's Indian branches into RBL Bank. From 1 December 2026 all of them will function as RBL Bank branches.
The Reserve Bank of India (RBI) has approved the merger of the Indian branches of Emirates NBD Bank P.J.S.C. into RBL Bank Limited. From 1 December 2026, all of those branches will function as branches of RBL Bank. The RBI announced this in a press release on 16 October 2026.
For anyone who deals with an Emirates NBD branch in India, this means the branch they use will be an RBL Bank branch from that date. The release does not say anything further about customer accounts or deposits.
What the RBI said
- The RBI has sanctioned the “Scheme of Amalgamation”, the formal plan under which one bank is merged into another.
- Emirates NBD Bank’s Indian branches are the “transferor bank”, the side whose business moves across. RBL Bank is the “transferee bank”, the side that takes it over.
- The scheme was sanctioned under sub-section (4) of Section 44A of the Banking Regulation Act, 1949.
- The effective date of the amalgamation is 1 December 2026.
Key facts
| Item | Detail |
|---|---|
| Announced | 16 October 2026 |
| Transferor bank | Indian branches of Emirates NBD Bank P.J.S.C. |
| Transferee bank | RBL Bank Limited |
| Effective date | 1 December 2026 |
| What changes on that date | All the Indian branches of Emirates NBD Bank function as branches of RBL Bank |
Basis of these figures
All details are from the RBI’s own press release, RBI approves amalgamation of Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited (2026-2027/1342, 16 October 2026). The release is short and does not cover customer accounts, deposits, share terms or the number of branches. Read the release itself for the full text.