Question
Which bank saw EQT Private Capital Asia sell its 7.89%
stake for Rs 1,091.15 crore in July 2024?Solution
EQT Private Capital Asia, a Swedish private equity firm, divested its entire 7.89% stake in RBL Bank through an open market transaction, totaling Rs 1,091.15 crore at an average price of Rs 228.08 per share. The shares were acquired by entities including Morgan Stanley Asia Singapore Pte and Societe Generale.
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