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Norwest Venture sells 60 lakh shares of RBL Bank

30 Aug 2017 Evaluate

Norwest Venture Partners X FII - Mauritius has sold 60 lakh shares of RBL Bank at Rs 515.04 per share. Moreover, Samara Capital Partners Fund has also offloaded 36.10 lakh shares of the Bank at Rs 515 per share. However, Norges Bank on account of the Government Pension Fund Global has bought 38.34 lakh shares of the Bank at Rs 515 on the NSE on August 29, 2017.

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country.

Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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