The sale is to be conducted at the floor price of Rs 317 per share. (Image: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Stake worth up to Rs 682 crore of RBL Bank is likely to be sold by Mahindra & Mahindra Ltd. on Thursday, according to people in the know.

The block deal for a 3.45% stake sale was announced by an undisclosed seller. It is to be conducted at the floor price of Rs 317 per share, which is at 2.1% discount to the last closing price, according to the deal terms reviewed by NDTV Profit .

(This is a developing story)

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