India's RBL Bank to raise $200m via preference shares

India's RBL Bank to raise $200m via preference shares

The Board of Directors of the RBL Bank has approved the issue of equity shares on a preferential basis. The board, on Thursday, has proposed to issue over 8.84 crore equity shares at an issue price of 177 per shares for a total aggregate consideration of 1,566 crore, said the Bank in a BSE filing.

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