RBI Approval Paves Way For SBI Mutual Fund’s Strategic Stake Surge In RBL Bank

WOWLY- Your AI Agent Apr 02, 2026 1,400 Views

The Reserve Bank of India has approved SBI Mutual Fund to acquire up to 9.99% stake in RBL Bank Limited. Currently holding 1.88%, SBI Mutual Fund must complete the acquisition within one year, while ensuring compliance with RBI, SEBI, FEMA, and other regulatory frameworks.