09 Oct 2025 | 5 Mins Read
Bank stock surges after ₹94 crore buying by Societe Generale
Flipitmoney
On October 8, 2025, Societe Generale acquired 33.22 lakh shares of RBL Bank at ₹284 each, totaling ₹94.36 crore. This purchase, representing a 0.54% stake, indicates strong institutional confidence in the bank's growth prospects. Despite recent declines in net interest income and profit, RBL Bank's extensive branch network and digital initiatives support its long-term outlook.