Edition:
United Kingdom

RBL Bank Ltd (RATB.NS)

RATB.NS on National Stock Exchange of India

626.85INR
11:28am BST
Change (% chg)

Rs5.55 (+0.89%)
Prev Close
Rs621.30
Open
Rs623.95
Day's High
Rs635.00
Day's Low
Rs620.50
Volume
1,377,597
Avg. Vol
1,912,339
52-wk High
Rs716.40
52-wk Low
Rs438.20

Latest Key Developments (Source: Significant Developments)

India's RBL Bank Exec Says Provision Coverage Ratio Of 65 Pct "Comfortable"
Thursday, 18 Apr 2019 

April 18 (Reuters) - RBL Bank Ltd Exec ::INDIA'S RBL BANK EXEC SAYS CO'S THRESHOLD OF PROPORTION OF UNSECURED LENDING IS 30 PERCENT OF TOTAL BUSINESS COMPARED TO 25 PERCENT NOW.RBL BANK EXEC SAYS EXPECT UNSECURED CREDIT CARD BUSINESS TO GROW TO 21 PERCENT OF TOTAL ADVANCES COMPARED WITH 18 PERCENT NOW.RBL BANK EXEC SAYS EXPECT CREDIT COST FOR BANK AT AROUND 100 BPS GOING AHEAD VERSUS 110 BPS AS OF MARCH 2019.RBL BANK EXEC SAYS INTEND TO ADD 80-100 BRANCHES IN 2019/2020.RBL BANK EXEC SAYS AIM TO HAVE CLOSE TO 500 BRANCHES BY MARCH 2021.RBL BANK EXEC SAYS PROVISION COVERAGE RATIO OF 65 PERCENT IS “COMFORTABLE”.RBL BANK EXEC SAYS WOULD LIKE TO MAINTAIN NET INTEREST MARGIN OF 4.2 PERCENT.  Full Article

RBL Bank March-qtr Profit Up Nearly 39 Pct
Thursday, 18 Apr 2019 

April 18 (Reuters) - RBL Bank Ltd ::RECOMMENDED DIVIDEND OF 2.70 RUPEES PER EQUITY SHARE.RENEWED EARLIER APPROVAL FOR ISSUE OF DEBT SECURITIES ON PRIVATE PLACEMENT.MARCH QUARTER NET PROFIT AFTER TAX 2.47 BILLION RUPEES VERSUS 1.78 BILLION RUPEES LAST YEAR.MARCH QUARTER INTEREST EARNED 18.34 BILLION RUPEES VERSUS 12.23 BILLION RUPEES LAST YEAR.APPROVED RAISING OF FUNDS AGGREGATING UP TO 35 BILLION RUPEES.MARCH QUARTER PROVISIONS AND CONTINGENCIES 2 BILLION RUPEES VERSUS 1.13 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 1.38 PERCENT VERSUS 1.38 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 0.69 PERCENT VERSUS 0.72 PREVIOUS QUARTER.Q4 NIM AT 4.23 PERCENT, UP FROM 3.98 PERCENT.  Full Article

India's RBL Bank June Qtr Net Profit Rises About 35 Pct
Thursday, 19 Jul 2018 

July 19 (Reuters) - RBL Bank Ltd ::JUNE QUARTER NET PROFIT 1.90 BILLION RUPEES VERSUS 1.41 BILLION RUPEES LAST YEAR.JUNE QUARTER GROSS NPA 1.40 PERCENT VERSUS 1.40 PERCENT PREVIOUS QUARTER.JUNE QUARTER INTEREST EARNED 13.64 BILLION RUPEES VERSUS 10.43 BILLION RUPEES LAST YEAR.JUNE QUARTER NET NPA 0.75 PERCENT VERSUS 0.78 PERCENT PREVIOUS QUARTER.JUNE QUARTER PROVISIONS AND CONTINGENCIES 1.40 BILLION RUPEES VERSUS 944.6 MILLION RUPEES LAST YEAR.JUNE QUARTER NET INTEREST MARGIN 4.04 PERCENT.  Full Article

RBL Bank Seeks Shareholders' Nod For Appointment Of Prakash Chandra As Non-Executive Parttime Chairman
Wednesday, 4 Jul 2018 

July 4 (Reuters) - RBL Bank Ltd ::SEEKS SHAREHOLDERS' NOD FOR APPOINTMENT OF PRAKASH CHANDRA AS NON-EXECUTIVE PARTTIME CHAIRMAN.SEEKS SHAREHOLDERS' NOD FOR RE-APPOINTMENT OF VISHWAVIR AHUJA AS MD & CEO.SEEKS SHAREHOLDERS' NOD FOR ISSUE OF DEBT SECURITIES ON PRIVATE PLACEMENT BASIS WORTH UPTO 25 BILLION RUPEES.  Full Article

RBL Bank raises stake in Swadhaar Finserve to 60.48 pct
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - RBL Bank Ltd ::Co ‍bought additional 2.08 percent stake in Swadhaar Finserve, raising its total stake in the co to 60.48 percent​.  Full Article

RBL Bank ‍completes acquisition over 50 pct share capital in Swadhaar Finserve Pvt Ltd
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - RBL Bank Ltd :Says ‍completed acquisition of more than 50 percent of paid-up equity share capital in Swadhaar Finserve Private Limited​.  Full Article

India's RBL Bank Sept-qtr profit up about 68 pct
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - RBL Bank Ltd :Sept quarter net profit 1.51 billion rupees versus 898.9 million rupees last year.Sept quarter interest earned 10.91 billion rupees versus 9.02 billion rupees last year.Sept quarter provisions 748.9 million rupees versus 495.8 million rupees last year.Sept quarter gross NPA 1.44 percent versus 1.46 percent previous quarter.Sept quarter net NPA 0.78 percent versus 0.81 previous quarter.Sept quarter net interest margin 3.74 percent.  Full Article