RBL Bank Limited (NSEI:RBLBANK)'s board on August 29, 2025 approved a proposal to raise funds up to INR 65,000 million by issuing equity and debt securities. The company will issue shares worth INR 35,000 million via a Qualified Institutions Placement (QIP) mode in one or more tranches while raising another INR 30,000 million by issuing debt securities on private placement basis also in one or more tranches. The announcement was made after market hours and RBL shares ended at INR 262 on the NSE, gaining INR 11.15 or 4.44% over the August 28, 2025 closing price.
The lender had previously approved the two fundraise proposals at its 81st AGM on August 7, 2024 which expired as RBL Bank did not raise any funds under these approvals. The fundraise comes on the back of a sharp rally in the stock price of the private lender in the past 6 months. It has jumped 60% in this time, significantly outperforming the Nifty and BSE Sensex whose returns stand at 8% and 7%, respectively.
