MoneyWorks4Me

Norwest Venture sells 56.31 lakh shares of RBL Bank

27 Nov 2017 Evaluate

Norwest Venture Partners has sold 56.31 lakh shares of RBL Bank. The company has offloaded these shares at an average price of Rs 510 on the BSE on November 24, 2017.

Norwest Venture Partners, which also has exposures in Cholamandalam Investment, IndusInd Bank, NSE, Nuclear Healthcare, Sadbhav Infrastructure, Shriram City Union and Thyrocare, held 65.15 lakh shares as of September end.

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
View more..