RBL Bank to raise ₹826 cr via preferential allotment
The bank’s board has agreed to allot 24.24 million shares at ?340.7 apiece to five investors, including Bajaj Finance.The bank had a capital adequacy ratio of 12.3% as of 30 September, falling from 13.7% in the year-ago period
Mumbai: Private sector lender RBL Bank Ltd, on Saturday, said it has approved raising of 825.79 crore worth equity capital by way of preferential allotment to five investors.
The banks board has agreed to allot 24.24 million shares at 340.70 apiece to Bajaj
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