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  • Qualified Institutions Placement (QIP)

Qualified Institutions Placement (QIP)

RBL Bank shares increase by 3% as approval is given to fund
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RBL Bank shares increase by 3% as approval is given to fund Rs 6,500 crore through debt issuance and QIP

RatnavaliJune 28, 202403 mins

RBL Bank shares: Shares of RBL Bank Ltd increased by 3% in early trading after the bank’s board approved raising up to Rs 3,500 crore through qualified institutions placement in one or more tranches, as well as Rs 3,000 crore through the issuance of debt securities on a private placement basis, also in one or…

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