(Reuters) -Shares of India's RBL Bank surged to a five-year high after Emirates NBD announced a $3 billion investment in the lender, with investors betting the deal will turbocharge foreign investor interest in the country's banking sector amid easing regulations.

Emirates NBD Bank PJSC will invest as much as $3.05 billion in Indian private lender RBL Bank Ltd., underscoring continued foreign investor interest in the south Asian nation’s financial sector.

Shares of RBL Bank jumped as much as 5.1 per cent on Monday after Dubai-based Emirates NBD declared a USD 3 billion cross-border investment in the Indian lender — one of the lar

India's RBL Bank jumped as much as 5.1% on Monday after Emirates NBD bank's record $3 billion cross-border investment in the Indian lender. Dubai's Emirates NBD will buy a 60% stake in RBL Bank via a preferential issue at 280 rupees per share,

Bankers say the move indicates a shift in policy that could lead to a wave of mergers and acquisitions in the financial services sector.

Oklahoma City fell short of a title last season. No, not the Larry O'Brien—they won that, and for the first time in franchise history. But before they got there

India's RBL Bank sees an opportunity to start a wealth management business after Emirates NBD buys a 60% stake for $3 billion, Chief Executive R Subramaniakumar said on Sunday.

Emirates introduces its iconic Airbus A350 and award-winning Premium Economy service to Oslo for the first time