RBL Bank shares surged over 3% following news that Emirates NBD is negotiating a ₹15,000 crore investment, potentially becoming the majority shareholder with a 51% stake. The infusion will recapitalise the bank. Despite a 46% year-on-year profit drop in Q1 FY26, shares have rallied 87% year-to-date amid strong market optimism.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets