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Citigroup Global Markets acquires stake in RBL Bank

10 Apr 2024 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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