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VERIFIEDMint Companies·neutral

RBL Bank raises $150 million via FCNR route, eyes NRI deposits to fund next leg of growth

AI Summary
  • ·RBL Bank has raised $150 million through FCNR deposits.
  • ·The bank is backed by Emirates NBD.
  • ·The funds will be used to expand its NRI funding base and support growth initiatives.
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