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.
