RBL Bank will consider fundraise in the board meeting on Saturday, Oct. 18, 2025. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
RBL Bank Ltd. will consider raising funds in a meeting of the board of directors called on Oct. 18, according to an exchange filing on Wednesday.
"The Board will inter alia discuss, consider and if thought fit, to approve the proposal for raising of funds by way of issue of eligible securities of the Bank, including equity shares or any equity linked instruments or securities, by way of preferential issue or a private placement basis or any other methods or combinations thereof as may be considered appropriate", the filing stated.
The announcement comes in the backdrop of speculations over the bank selling a majorit