Citigroup Global Markets Mauritius has acquired 66.97 lakh shares amount to 1.11% stake of RBL Bank. The shares of RBL Bank were picked up at an average price of Rs 255.40 apiece. Citigroup through its affiliate Citigroup Global Markets Mauritius purchased shares through bulk deals on the BSE.
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.