RBL Bank (formerly Ratnakar Bank) has received a capital infusion of Rs.1,680 cr. ($262 million) by selling over 32 million shares at Rs.515 apiece on a preferential basis to marquee investors led by CDC Group. In September last year, RBL Bank Ltd had raised Rs.330 cr. (close to $50 million) from CDC.
RBL Bank gets $262 million capital infusion from existing investor CDC, others
Date posted: Wednesday 16 August 2017