The mood within RBL Bank is electric. Just this (Sunday) morning, R Subramaniakumar, managing director & CEO, fondly known as Kumar, convened a call with the senior leadership team. One of the key asks? A branch expansion plan.

“We have been asked to submit a roadmap for expanding from 100 to 150 branches in a year,” shared a senior leader. “This was a three-year ambition just a few months ago. Now, it’s a one-year sprint.” The bank is aiming to join the top-five banks league in the next three to five years.

In a landmark move, on October 18, Emirates NBD, the second-largest bank in the UAE, announced its intent to acquire a controlling stake in RBL Bank through a $3 billion (Rs 26,850 crore) preferential capital infusion, the largest foreign direct investment ( FDI ) in the Indian b

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