CCI approves proposed acquisition of certain shareholding in RBL Bank Ltd. by Emirates NBD Bank (P.J.S.C.)

• Competition Commission of India (CCI) has approved acquisition of up to 74% (minimum 51%) of RBL Bank Ltd. by Emirates NBD Bank (P.J.S.C.), a UAE-based lender.
• Largest foreign-direct stake in an Indian private sector bank; tests India's FDI-in-banking ceiling and "fit-and-proper" regime.
• Relevant for UPSC under banking sector FDI, competition law, India-UAE economic relations, and SEBI takeover code.