Emirates NBD India Branches Merge into RBL Bank from Dec 1

RBI has sanctioned the merger of all Indian branches of Emirates NBD Bank into RBL Bank, effective December 1, 2026.

Here's what happened: RBI has sanctioned the merger of all Indian branches of Emirates NBD Bank P.J.S.C. into RBL Bank Limited, effective December 1, 2026.. The sanction was issued under Section 44A(4) of the Banking Regulation Act, 1949, which governs voluntary amalgamations of banking companies.. From December 1, 2026, every Indian branch of Emirates NBD Bank will legally function as a branch of RBL Bank Limited..

What you should do: If you have a savings account, fixed deposit, loan, or standing EMI mandate with Emirates NBD's Indian branches, watch for official written communication from RBL Bank about your account number, IFSC code, and any revised terms before December 1, 2026.. Check your loan agreement or deposit certificate for Emirates NBD India branding — after December 1, 2026, RBL Bank becomes your new counterparty and you should update your records accordingly.. If you do not receive transition communication or face any service disruption after December 1, 2026, raise a complaint with RBL Bank first; if unresolved, escalate to the RBI Ombudsman at sachet.rbi.org.in..

This merger directly affects customers who hold any account, deposit, loan, or payment mandate with Emirates NBD Bank's Indian branches — they will automatically become RBL Bank customers from December 1, 2026, without needing to open a new account. Customers of Emirates NBD outside India are not affected by this RBI order. Fixed deposit holders and borrowers should pay particular attention, as interest rates, IFSC codes, and account terms may be updated by RBL Bank as part of the transition.