India-focused growth capital fund manager Gaja Capital has partially exited India-listed commercial bank RBL Bank to U.S.-based mutual fund manager Wasatch Funds. Gaja reportedly sold a 0.14 percent stake in RBL at a price of INR560 to INR570 (approximately US$8.12 to US$8.26) per share, reducing its interest in the company to 1.5 percent and generating a return multiple of eight times its original investment. Gaja invested in the company in three rounds from 2010 to 2014 and made its first partial exit when RBL listed on the Bombay Stock Exchange and National Stock Exchange of India in 2016.