RBL Bank’s top management on October 19 outlined the broad contours of its proposed deal with Emirates NBD, calling it a strategic partnership aimed at expanding digital capabilities and strengthening its corporate lending base. The deal also opens up opportunities to expand into the wealth management business.

R Subramaniakumar, Managing Director and CEO of RBL Bank, said India offers “a big growth opportunity and is well-known globally,” making it an attractive market for the Middle East-based lender. Addressing a press conference, he added that governance and compliance culture remain key focus areas for both partners.

“Emirates NBD looks at RBL Bank as a niche, agile bank with a national footprint,” Subramaniakumar said, adding that the tie-up will also help establish a digital net

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