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Tuesday, August 30, 2016

RBL Bank has fixed the issue price for the shares offered under the recently concluded IPO at Rs.225/- per equity share. The issue price is fixed at the upper end of the price band which was in a rather unusually narrow range of Rs.224/- to Rs.225/- per equity share

Kolhapur-headquartered RBL Bank is going to list its equity shares on exchanges on August 31 after overwhelming response to the issue closed last week. RBL Bank Limited is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra. Founded in August 1943, RBL is one of the oldest private sector banks in India.

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