Wednesday 18 May 2016

RBL Bank plans to launch IPO in July

The company received a conditional approval from the capital markets regulator for its initial public offer (IPO) last month.

IPO
RBL Bank Ltd (formerly Ratnakar Bank) is planning to launch IPO in July, according to reports.
Report says that the company received a conditional approval from the capital markets regulator for its initial public offer (IPO) last month.
The company has been waiting for approval for almost 11 months.
The bank had planned to raise Rs.1,100 crore through IPO On 21 December 2015.

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