The stock of RBL Bank hit a new 52-week high of Rs 305 per share on Wednesday amid takeover talks. RBL Bank has considered a prime takeover target for at least two years, and recent developments suggest those whispers may be edging closer to reality.

With Emirates NBD reportedly in advanced talks to acquire a controlling stake, the deal, if concluded, could mark the UAE -based bank’s entry into India’s evolving banking landscape.

RBL Bank, in its response to the stock exchange on reports of takeover negotiations that involved Dubai-based Emirates NBD investing Rs 15,000 crore to acquire a majority 51% stake, said “The Bank is on a growth trajectory and routinely explores opportunities which are aimed at enhancing shareholder value.”

It added that the bank is not aware of any informa

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