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2026-07-11

6.9 · The RBI Stays the Course as Economic Winds Shift

Low-angle view of modern Dubai skyscrapers with glass facades against a clear sky.
📷 Tima Miroshnichenko
01🏦 Banking

Why did Dubai's biggest bank spend $2.75 billion on India?

7 min read
🏦 Banking↺ from 11 Jul

Dubai's largest lender, Emirates NBD, has acquired a strategic stake in RBL Bank for $2.75 billion. This major deal establishes a financial bridge to accelerate trade and investment across the India-UAE economic corridor.

financial internationalizationComprehensive Economic Partnership AgreementRemittance Corridor
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