RBI took rise in authorised capital to INR 18 bln on record, RBL Bank says
This story was originally published at 12:44 IST on 10 April 2026
Register to read our real-time news.Informist, Friday, Apr. 10, 2026
MUMBAI – RBL Bank Ltd. Friday said the Reserve Bank of India has taken on record the amendment to the capital clause of the memorandum of association of the bank. This includes an increase in its authorised capital to INR 18 billion from INR 10 billion by the creation of 800 million additional equity shares with face value of INR 10 each, the bank said in an exchange filing. The freshly issued shares will rank pari-passu, or at equal footing, with the existing shares of the bank.
In October, the board of RBL Bank had approved selling 60% stake in the lender to Emirates NBD Bank for INR 268.50 billion through a preferential issue of shares. On Apr. 2, RBL Bank said the RBI had approved Emirates NBD Bank's acquisition of up to 74% stake in the lender.
For the December quarter, RBL Bank had reported a net profit of INR 2.14 billion on total income of INR 47.17 billion. At 1201 IST, the bank's shares traded at INR 323.10 on the National Stock Exchange, up nearly 2%. End
Reported by Nandini Sinha
Edited by Avishek Dutta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
