Associate Sponsors

Co-sponsor

Bajaj Finance's overall investment in RBL Bank at Rs 150 crore

Image
Capital Market
Last Updated : Dec 06 2019 | 9:50 AM IST
Bajaj Finance announced that the company will not be participating in the preferential issue of RBL Bank.

The company has participated in Qualified Institutional Placement of the RBL Bank and have been allotted 42,73,504 equity shares at a price of Rs 351 per share aggregating Rs 150 crore.

The overall investment of the company in the Bank will not exceed Rs 150 crore.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 06 2019 | 9:26 AM IST

Next Story