RBL Bank IPO subscribed over 69 times at close
The initial public offering (IPO) of RBL Bank was subscribed 69.53 times on Tuesday, the final day of the issue. The bank aims to raise ₹1,212.97 crore (when calculated at the upper end of the price band) through the issue. This was the India's first bank IPO after the state-run Punjab & Sind Bank went public in 2010.