What is the current situation of RBL Bank?

What is the current situation of RBL Bank?

RBL Bank Q3 Net Profit may dip 59.9% YoY to Rs. 58.9 cr: Motilal Oswal. Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 963 crore, according to Motilal Oswal.

Will RBL share price go up?

Tomorrow’s movement Prediction of RBL Bank RBLBANK as on 20 May 2022 appears undecisive. It can be Bearish or Bullish….Munafa value: 79 as on 20 Fri May 2022.

Upside target 120.65
Downside target 116.45
Downside target 115.9
Downside target 114.65
Downside target 114.5

Why is RBL stock falling?

The banking stock opened on the downside but soon pick up momentum and came above its 31st December 2021 close of ₹127.15 levels on NSE. According to stock market experts, this pause in RBL Bank share price fall can be attributed to strong business update filed by the bank on Sunday.

What was Bandhan IPO price?

Bandhan Bank, on the other hand, too fell below its issue price of Rs 375 today, down 9 per cent at Rs 368 on the BSE. The stock was trading at its lowest level since its listing on March 27, 2018.

Is RBL Bank in danger?

This time around, the banking regulator has stated that RBL Bank is well capitalised and its financial position is satisfactory. In September 2021, RBL Bank had 16.33 per cent capital adequacy ratio; its provision coverage ratio was 76.6 per cent.

Will RBL Bank survive?

They clarified RBL Bank is well-capitalized & in a strong position. They appointed Mr Yogesh Dayal as an Additional Director to support the bank in all regulatory & supervisory matters. RBI asked depositors and other stakeholders not to react to speculative reports that the bank’s financial health remains stable.

Is RBL a good buy?

Earnings vs Market: RBL is forecast to become profitable over the next 3 years, which is considered above average market growth.

Is it good to invest in RBL Bank?

The research team brings the positives and negatives of this stock along with an expert take. Arguing for the RBL Bank shares, Dubey said that RBL Bank shares are a good investment since there is no risk and only opportunities of good return. The company’s management likewise stated the same thing.

What is the full form of RBL?

26, 2014, the name of the Bank was changed from ‘The Ratnakar Bank Limited’ to ‘RBL Bank Limited’ so as to refresh its brand to be more focussed on new age customers and stakeholders.

What was the IPO price of RBL bank?

₹ 224-225 Per Equity
RBL Bank Ltd IPO Details:

Open Date: Aug 19 2016
Issue Size: 1,212.97 Cr.
Lot Size: 65 Shares
Issue Price: ₹ 224-225 Per Equity Share
Listing At: BSE,

Can we trust RBL Bank?

The RBI on its part said the bank’s financial condition is stable. “As per half yearly audited results as on September 30, 2021, the bank has maintained a comfortable Capital Adequacy Ratio of 16.33 per cent and Provision Coverage Ratio of 76.6 per cent.

When is the RBL Bank IPO listing date?

The RBL Bank IPO listing date is on Wednesday, August 31, 2016. 1185. Septa | Nov 1, 2016 09:22 Look like RBL is flying at result day it was around 300.

Who are the major investors in RBL Bank?

In the last six years, RBL Bank has raised four rounds of funding and roped in several prominent investors such as CDC Group, Asian Development Bank (ADB), International Finance Corporation (IFC), Norwest Venture Partners (NVP), and domestic private equity fund Faering Capital India.

What is the disclaimer of RBL Bank Limited?

Disclaimer: RBL Bank Limited does not warrant that data feed displayed herein, including but not limited to the share price, will be uninterrupted or free of error, omission, defect, shortcomings, and limitation of any nature.

What is the history of RBL Bank?

Incorporated in 1943 as a regional bank in Maharashtra, RBL Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers.