RBL Bank Issue Shares Worth INR260.2 Billion to Emirates NBD
RBL Bank (NSE:RBLBANK, BOM:540065) has allotted equity shares worth 260.2 billion Indian rupees to Emirates NBD Bank PJSC through a preferential issue on a private placement basis.The company issued 929.1 million shares at 280 rupees apiece, according to a stock exchange filing on Thursday.Following the allotment, Emirates NBD Bank holds a 60% stake in in RBL Bank.