BofA Securities buys nearly 1% stake in RBL Bank for ₹178 crore

BofA Securities acquired close to 1% stake in private lender RBL Bank from BNP Paribas Financial Markets for approximately ₹178 crore via an open market transaction on Wednesday.

The US-based financial firm, through its division BofA Securities Europe SA, purchased 60 lakh shares (0.97% stake) in RBL Bank, according to BSE bulk deal data.

The transaction occurred at an average price of ₹296 per share, valuing the deal at ₹177.60 crore.

Concurrently, BNP Paribas Financial Markets sold equivalent shares at the same price point.

RBL Bank shares closed 1.31% higher at ₹297.55 on the BSE.

In a separate transaction, Goldman Sachs and Societe Generale jointly purchased 15.49 lakh shares of Adani Green Energy from BNP Paribas for ₹136 crore.

Goldman Sachs procured 10 lakh shares via Goldman Sachs Bank Europe SE, while Societe Generale bought 5.49 lakh shares.

Shares were acquired between ₹879.5-883.3 apiece, totaling ₹136.61 crore.

BNP Paribas Financial Markets served as the selling entity in this transaction.

Adani Green shares ended marginally lower by 0.42% at ₹879.60 on the BSE.

Separately, Massachusetts Institute of Technology and its affiliate 238 Plan Associates divested a 2.6% stake in Restaurant Brands Asia for ₹96 crore through bulk deals.

The operator (formerly Burger King India) oversees four QSR chains including Tim Hortons, Burger King, Popeyes, and Firehouse Subs across India.

MIT sold 1.17 crore shares while 238 Plan Associates offloaded 33.88 lakh shares at ₹63.31 per share.

Details of share transfers weren’t immediately available on the NSE.

Restaurant Brands Asia stock closed up 1.46% at ₹64.61 on the NSE.

Published on January 22, 2026