For the best experience use Mini app app on your smartphone
M&M exits RBL Bank with stake sale worth ₹678 crore
short by Pravel Jain / on 06 Nov 2025,Thursday
Mahindra & Mahindra (M&M) has sold its entire 3.53% stake in RBL Bank via a block deal in the pre-market window, CNBC-TV18 reported. M&M, in an exchange filing, said it sold the stake in the lender for ₹678 crore. With this transaction, M&M has earned an over 62.5% return on its ₹417 crore investment made in July 2023.
short by Pravel Jain / 12:24 pm on 06 Nov
For the best experience use inshorts app on your smartphone