RBL Bank has further sold 9.50 lakhs equity shares representing 2.77% of the paid-up share capital of Kilburn Engineering. Post the said sale, the bank holds 4.81% of the paid-up share capital of Kilburn. Earlier, on August 18, 2022, the bank has sold 22 lakh equity shares representing 6.41% of the paid-up share capital of Kilburn Engineering.
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.