Private sector lender RBL Bank is aiming to enter the big banks league after capital infusion from Emirates NBD Bank, which has proposed to acquire 60 per cent stake in RBL through a primary infusion of ₹26,850 crore, MD & CEO R Subramaniakumar told businessline .

“We want to exit the mid-, small-size bank league and enter the big banks league. Further, we cannot precisely tell timeline as it depends on multiple approvals. We are trying to secure shareholders’ approval first on November 12.,” the CEO said.

“Once that is done, our bank is working to get approval from the Reserve Bank of India. ENBD is also working towards getting clearances from multiple regulators and other agencies. Normally, we are looking at a 6-9 months at present (for completing the transaction), based on assumpti

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