India’s RBL Bank eyes wealth-management push after UAE partner deal
RBL Bank plans to launch a wealth-management business after Emirates NBD takes 60 % stake, tapping HNWI demand in India.
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11h agoIndia’s RBL Bank eyes wealth-management push after UAE partner deal
RBL Bank sees an opportunity to build a wealth-management arm following the announcement that UAE’s Emirates NBD Bank will buy a 60 % stake in the Indian lender for about US $3 billion. The bank’s CEO R Subramaniakumar said the strategic tie-up provides access to Gulf capital and private-banking practices that could fuel RBL’s push into affluent-client segments. The move comes amid rising competition in India’s wealth space and growing high-net-worth individual (HNWI) wealth, positioning the bank to leverage both domestic and international expertise.
positive
11h agoIndia’s RBL Bank eyes wealth-management push after UAE partner deal
RBL Bank sees an opportunity to build a wealth-management arm following the announcement that UAE’s Emirates NBD Bank will buy a 60 % stake in the Indian lender for about US $3 billion. The bank’s CEO R Subramaniakumar said the strategic tie-up provides access to Gulf capital and private-banking practices that could fuel RBL’s push into affluent-client segments. The move comes amid rising competition in India’s wealth space and growing high-net-worth individual (HNWI) wealth, positioning the bank to leverage both domestic and international expertise.
positive
India’s RBL Bank eyes wealth-management push after UAE partner deal
about 12 hours ago
1 min read
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RBL Bank plans to launch a wealth-management business after Emirates NBD takes 60 % stake, tapping HNWI demand in India.
RBL Bank sees an opportunity to build a wealth-management arm following the announcement that UAE’s Emirates NBD Bank will buy a 60 % stake in the Indian lender for about US $3 billion. The bank’s CEO R Subramaniakumar said the strategic tie-up provides access to Gulf capital and private-banking practices that could fuel RBL’s push into affluent-client segments. The move comes amid rising competition in India’s wealth space and growing high-net-worth individual (HNWI) wealth, positioning the bank to leverage both domestic and international expertise.
RBL Bank sees an opportunity to build a wealth-management arm following the announcement that UAE’s Emirates NBD Bank will buy a 60 % stake in the Indian lender for about US $3 billion. The bank’s CEO R Subramaniakumar said the strategic tie-up provides access to Gulf capital and private-banking practices that could fuel RBL’s push into affluent-client segments. The move comes amid rising competition in India’s wealth space and growing high-net-worth individual (HNWI) wealth, positioning the bank to leverage both domestic and international expertise.
Companies:
RBL Bank
Emirates NBD Bank
Tags:
banks
india
banks
india
wealth management
strategy
Source:
Oct 19, 2025 • 09:45 IST