Which Gulf bank completed the acquisition of a 60% stake in India’s RBL Bank in 2026, described as the largest FDI in Indian banking?

Correct answer A. Emirates NBD

Explanation

Emirates NBD, announced in October 2025, completed its roughly 2.75 to 3 billion dollar deal for 60% of RBL Bank in 2026 through a preferential issue, billed as Indian banking's largest FDI.