RBL Bank has further sold 22,00,000 equity shares representing 6.41% of the paid-up share capital of Kilburn Engineering. The sale transactions were carried out through stock exchanges at the prevailing market price. Shares were sold through stock exchanges secondary market. Post the said sale, the Bank holds 7.58% of the paid-up share capital of Kilburn.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.