UK-based CDC Group puts $50m in Indian lender RBL Bank

UK-based CDC Group puts $50m in Indian lender RBL Bank

Photo: Ramesh Pathania/Mint

Private sector lender RBL Bank Ltd has raised Rs330 crore (close to $50 million) from CDC Group Plc, a UK-based development finance institution, a press statement said. The bank had raised Rs1,211 crore in its initial public offering (IPO) in August.

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