Invesco Mutual Fund acquired a new 1.46% stake in RBL Bank, purchasing 2,26,24,739 shares.
A banking company providing specialized financial services across five core verticals including corporate banking, commercial banking, branch and business banking, retail assets, and treasury operations. Incorporated in 1943, the bank serves corporate clients, small businesses, and retail customers through a diversified service portfolio. It operates as a full-service banking institution with a particular focus on specialized lending, structured finance, and financial market solutions for institutional clients.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
