The board authorised raising up to ₹3,500 crore through a QIP by issuing equity shares. Additionally, the board has approved seeking shareholder approval for the issuance of debt securities worth up to ₹3,000 crore on a private placement basis. Shares of RBL Bank Ltd ended at ₹261.15, up by ₹9.50 or 3.78%, on the BSE today (August 29).
