RBI allows SBI Mutual Fund to acquire up to 9.99% stake in Bandhan Bank and RBL Bank, with conditions on holding limits and acquisition timelines.

The Reserve Bank of India (RBI) has approved SBI Mutual Fund to acquire up to 9.99% stake in Bandhan Bank and RBL Bank.

RBL Bank shares ended 1.38% higher at Rs 329.80 on Wednesday against the previous close of Rs 329.80. Market cap of the bank ...

RBL Bank has announced that the Reserve Bank of India (RBI) has granted approval to SBI Mutual Fund to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in the ...

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This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With an interest rate of up to 7.8% for a tenure of 15 months to 725 days ...

RBL Bank Ltd. operates as a scheduled commercial bank. It operates through following segments: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Development Banking and ...

Consolidation is likely to continue as long as the index trades below the downward-sloping resistance trendline. Below are ...

Higher provisions weigh on bottom line despite healthy net interest income and other income growth. RBL Bank stock drops sharply on Q3FY26 earnings miss. RBL Bank Share Price Today: Shares of RBL Bank ...

The Reserve Bank of India has approved SBI Mutual Fund to acquire up to 9.99% of the paid-up share capital or voting rights in RBL Bank within one year, subject to regulatory conditions. SBI Mutual ...