22/4/2025, 9:40:04 am

RBL Bank sees clean out trade from British International Investment

RBL Bank shares dropped 1.1% to ₹189.87 after British International Investment sold its 3.8% stake, amounting to 2.3 crore shares at ₹188 each. Domestic and foreign institutions participated in the block deal, while Mahindra & Mahindra, holding a 3.8% stake, did not. The stock has risen 20% year-to-date but is down 30% from its 52-week high.