RBL Bank shares jump 4% to 52-week high on Mahindra Group’s likely stake purchase
RBL Bank’s shares surged over 4% to reach a 52-week high of INR 233.70 on Wednesday following reports indicating Mahindra Group may have bought a 4% stake in the Indian private lender, a move seen as part of the automotive-to-hospitality conglomerate’s strategic plans.
