RBL Bank to raise up to $1-B via bond issuance

The board of RBL Bank has approved the mobilization of up to USD 1-Billion in capital from overseas investors through the issuance of bonds. This fundraise will be executed under a newly established Euro Medium Term Note Programme in accordance with Regulation S of the US Securities Act, 1933.The capital-raising initiative follows a significant ownership change for the private lender. As of June 2026, Emirates NBD holds a 60 percent stake in the bank's expanded share capital.This fundraise is structured to provide the bank with flexibility in managing its foreign currency debt obligations.