RBL Bank hikes stake in Swadhaar FinServe

RBL Bank's total stake holding in Swadhaar increases to 58.40%

RBL Bank announced that on 08 November 2017 it has completed the acquisition of additional 28.40% of the paid up equity share capital in Swadhaar FinServe. Following the acquisition, the Bank's total shareholding in Swadhaar has increased to 58.40%, thereby making its a subsidiary of the Bank.

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