New Delhi, Oct. 19 -- Once the Emirates NBD acquisition of a majority stake in RBL Bank is complete and the Indian bank is merged with the Dubai lender's wholly owned subsidiary here, the new entity will likely have a hybrid name to retain RBL's identity as well as bring in the global patronage of Emirates, RBL Bank's managing director and chief executive officer R. Subramaniakumar said. Named to the top post at RBL Bank in June 2022, Subramaniakumar was reappointed for a three-year term in June this year. In an interview, Subramaniakumar said the new promoters expect to retain the bank's management, hinting at his potential continuance as the head of the bank.
The Emirates investment, which will be the largest foreign direct investment ...
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