Edition:
India

RBL Bank Ltd (RATB.BO)

RATB.BO on Bombay Stock Exchange

342.80INR
11:52am IST
Change (% chg)

Rs4.00 (+1.18%)
Prev Close
Rs338.80
Open
Rs339.30
Day's High
Rs345.75
Day's Low
Rs325.20
Volume
965,089
Avg. Vol
1,115,319
52-wk High
Rs716.55
52-wk Low
Rs230.55

Latest Key Developments (Source: Significant Developments)

RBL Bank CEO Says Could Incur Up To 40 BPS Of Additional Credit Cost This FY Due To "Challenging Environment"
Friday, 19 Jul 2019 

July 19 (Reuters) - RBL Bank Ltd CEO::RBL BANK CEO SAYS COULD INCUR ADDITIONAL UP TO 40 BPS OF CREDIT COST THIS FY DUE TO CHALLENGING ENVIRONMENT.  Full Article

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