The Economic Times

RBL Bank bulk deal: BNP Paribas sells 60 lakh shares worth Rs 178 crore; BofA picks up stake

BNP Paribas sold 60 lakh RBL Bank shares via a bulk deal, reducing its stake, while BofA Securities bought in. The transaction came amid recent stock weakness, despite strong one-year returns, improved asset quality, and robust profit growth.