RBL Bank Share: Foreign investor sold crores of shares in one go, stock crashed

Another private sector bank, RBL Bank's stock is witnessing a sharp decline during early trading on Tuesday. But, there is an important reason behind such a sudden decline in this stock today. Actually, a big block deal took place in this stock on Monday morning, after which pressure has been seen in the stock from the upper levels. However, some recovery was also seen in the stock.

According to information received by CNBC-TV18 from sources, British International Investment has sold its entire stake in this bank on Tuesday through a block deal. It is a foreign investor in the bank, which is now completely out.

What are the details of this block deal?
According to the information received, a block deal of 2.3 crore shares was seen in this Mumbai-based private bank, which is 3.9% of the total equity of the bank. This block deal took place at a price of Rs 188 per share. Earlier, according to information received from sources, British International Investment can sell 3.8% stake in the bank through a block deal.

Domestic and foreign investors bought the stake? According to the bank's March 2025 shareholding pattern, British International Investment Plc. holds 3.82% stake in the bank. The latest information states that domestic and foreign institutional investors have participated in this block deal. Sources have also told that recently Mahindra & Mahindra bought 3.8% stake in the bank. But, this was not done through a block deal. Who has how much stake in the bank? Mutual funds hold 15.27% stake in RBL Bank. Out of these, Nippon Life India and Quant Mutual Fund hold the highest stake. Talking about foreign portfolio investors, they hold 14.43% stake in the bank. Whereas, retail shareholders hold 22.15% stake in the bank. RBL Bank Share Price: RBL Bank's stock opened with a sharp decline on Tuesday after the block deal, but some recovery was also seen from the lower levels. The stock is up about 8% during the last one month. So far in 2025, the stock has seen a rise of 20%. But, it is about 30% below the 52-week high of Rs 272 per share. 

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