RBI Approves SBI Mutual Fund to Acquire Up to 9.99% Stake in RBL Bank

Mumbai: RBL Bank Limited (BSE: 540065 | NSE: RBLBANK) announced that the Reserve Bank of India (RBI) has granted approval to SBI Mutual Fund to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in the Bank.

The approval, received on February 25, 2026, is subject to compliance with relevant regulations, including the Banking Regulation Act, 1949, RBI Directions on Acquisition of Shares (2025), SEBI Listing Regulations, and other applicable statutes. The RBI has allowed SBI Mutual Fund to acquire this stake within one year from the date of the approval.

Currently, SBI Mutual Fund holds 1.88% of RBL Bank’s equity as of 20 February 2026. The approval ensures that the aggregate holding of SBI Mutual Fund in RBL Bank does not exceed 9.99% at any point, and any increase above 5% after falling below it will require prior RBI approval.

This strategic move underscores growing investor confidence in RBL Bank’s growth and governance framework. The bank has also updated this information on its official website www.rbl.bank.in in compliance with SEBI Listing Regulations.