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Uploaded 1 week ago

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Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.

Uploaded by: Rediff Video Desk on Thu, 06 Nov 2025 23:49:42 +0530

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