Morgan Stanley, Societe Generale buy shares worth Rs 447 crore in RBL Bank via block deals

Morgan Stanley Asia Singapore Pte and Societe Generale purchased 1.25 crore and 71 lakh shares of RBL Bank respectively, worth Rs 447 crore in total via a block deal. The shares were sold by MAPLE II BV at Rs 228 per share, reducing its stake by 7.89% in RBL Bank.