RBL Bank has sold balance 3,50,000 equity shares representing 1.02% (entire equity shareholding) of the paid-up share capital of Kilburn Engineering. Post the said sale, the Bank does not hold any equity shares of Kilburn. The sale transactions were carried out through stock exchanges at the prevailing market price. Shares were sold through stock exchanges secondary market.
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.