Bajaj Finance Limited

[Mahendra243]

RBL BANK - Is it a Good Long Term Story?

RBL bank approves fund raising via private placement of equity shares worth 826 cr to five investors at 340.70 per share [image] https://www.bseindia.com/xml-data/corpfiling/AttachLive/98f0b116-ab8a-453f-a723-5bde6311ff3c.pdf Rbl Bank launches QIP today to raise 2000 Cr. RBL Bank successfully closes QIP, raises Rs. 2,025 Crore

what is the rationale for BFL to invest in RBL when they themselves are raising capital via QIP?