Mathew Cyriac bought 32.5 Lakh shares in RBL Bank; Stock jumps

Share price of RBL Bank Ltd., one of India’s leading private-sector banks, moved up by 3.1% to ₹260.8 on Thursday after a former Blackstone executive, Mathew Cyriac, bought 32.5 lakh equity shares in the bank on Wednesday at an average price of ₹250.91, for a total transaction value of about ₹81.54 crore.

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