Emirates NBD Capital has achieved a major milestone by securing Category I merchant banking licence in India, enabling the firm to offer a full suite of investment banking services in one of the world’s fastest-growing major economies. The development marks a significant step in strengthening financial connectivity between the Middle East and India, while supporting increased capital flows and deeper economic cooperation between the two regions.
With the Category I licence, Emirates NBD Capital is now authorised to provide comprehensive investment banking services, including equity and debt capital market transactions, mergers and acquisitions advisory, corporate restructuring, and fundraising activities. This expanded capability allows the firm to better serve Indian corporates seeking capital, as well as international investors looking to access opportunities in India’s dynamic market.
The licence also positions Emirates NBD Capital as a key channel for Middle Eastern capital into India. As Gulf investors increasingly seek exposure to India’s growth story, the firm’s on-the-ground regulatory approval enables seamless structuring and execution of cross-border transactions. This facilitates investment into priority sectors such as infrastructure, renewable energy, technology, manufacturing, and financial services, supporting India’s long-term development goals.
From a strategic perspective, the move aligns with the broader strengthening of India–UAE economic ties. Bilateral trade and investment have expanded rapidly in recent years, supported by initiatives such as the Comprehensive Economic Partnership Agreement (CEPA). By enhancing its presence in India, Emirates NBD Capital contributes to the institutional framework that underpins growing financial and commercial cooperation between the two countries.
The licence also reflects confidence in India’s regulatory environment and capital markets. India’s continued reforms, strong economic fundamentals, and expanding investor base make it an attractive destination for global financial institutions. Emirates NBD Capital’s entry with full merchant banking capabilities underscores the country’s appeal as a hub for investment banking activity and capital formation.
For Emirates NBD Group, the achievement strengthens its international investment banking franchise and reinforces its strategy of expanding in high-growth markets. By combining regional expertise with local regulatory authorisation, the firm is well positioned to support clients across the investment lifecycle, from capital raising to strategic advisory.
Overall, securing the Category I merchant banking licence represents a pivotal step for Emirates NBD Capital. It enhances market access, supports cross-border investment flows, and deepens financial integration between India and the UAE, contributing to long-term economic growth and partnership between the two regions.
