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

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Capital Market
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.

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

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