RBL Bank Bulk Deal: Shareholder Exits, Offloads 3.81% Stake

Shareholders of RBL Bank Ltd. sold a 5.26% stake for Rs 592.8 crore in the private sector lender through an open market transaction on Tuesday.

British International Investment Plc exited the bank by offloading 2.31 crore shares (3.81%) at Rs 184.74 apiece, according to the NSE bulk deal data. The firm held a 3.82% stake in the bank as of March 2025.

Unity Associates divested 88.6 lakh shares, representing a 1.45% stake of RBL Bank, at Rs 187.39 apiece. It also mopped up 50,000 shares of the Mumbai-based bank at Rs 185.55 per share.

Shares of RBL Bank closed 1.31% lower at Rs 189.52 apiece on the National Stock Exchange, compared to a 0.17% rise in the benchmark Nifty. The stock has fallen by 36.61% in the last 12 months but risen 19.95% on a year-to-date basis.

Out of the 21 analysts tracking the company, nine have a 'buy' rating on the stock, five recommend 'hold' and seven suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential downside of 9%.

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