Bengaluru, Aug. 29 -- shares of one of India's leading private sector banks, founded in the pre-independence era in 1943, moved up by nearly 6.2 percent on BSE, after a bulk deal in which foreign investor Societe Generale bought a 0.54 percent stake for nearly Rs. 82 crores.

At 11:38 a.m., the shares of RBL Bank Limited were trading in the green at Rs. 264.75 on BSE, up by around 5 percent, as against its previous closing price of Rs. 251.65, with a market cap of Rs. 16,194.3 crores. The stock has delivered positive returns of around 17 percent in the last one year, and has gained by over 3 percent in the last one month.

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A leading European financial institution, Societe Generale, bought around 32.7 lakh equity shares in...