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 ...

The offer covers up to 41.56 crore equity shares with a face value of INR10 each, priced at INR280 per share. Image: Shutterstock RBL Bank has announced that Emirates NBD Bank’s open offer to acquire ...

The diversified Mumbai-based conglomerate had acquired the stake as a treasury investment in July 2023 for ₹417 crore. Image: Shutterstock Mahindra & Mahindra (M&M) has sold its 3.53 per cent stake in ...

Shares to buy or sell: Chandan Taparia has recommended two stocks to buy today, 20 February 2026 - Oil and Natural Gas ...

RBL Bank’s financial health stable: RBI The RBL Bank stock crashed 18% on Monday after developments over the weekend that saw the appointment of a central bank executive to its board and the sudden ...

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 ...

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 ...