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Surpiya Lifescience is likely to make a bumper debut on the stock exchanges, with GMP indicating a likely listing gain of 40-45 per cent for the stock
94 equity and hybrid schemes have invested in stocks of RBL Bank worth Rs 1,996.34 crore as of end-Nov
The stock of the bank closed 18.32 per cent down to close at Rs 140.90 a piece on the BSE
The rating is constrained on account of moderation in asset quality parameters with high slippages in retail portfolio, mainly in unsecured retail loan portfolio owing to Covid-19
RBL Bank on Saturday said its Managing Director and Chief Executive Officer Vishwavir Ahuja has proceeded on leave with immediate effect
Business Standard brings you the top headlines on Monday
HP Adhesives makes strong debut at 16% premium, ends 22% higher; RBL Bank tanks 20% as Vishwavir Ahuja goes on leave; analysts sound caution
Urging government to intervene and look at measures to merge the RBL Bank Ltd with a public sector bank, a top leader of AIBEA said that cats cannot morph into lions and tigers of juggle overnight.
Debutant HP Adhesives ended with a 22.20 per cent premium at Rs 335 over its issue price of Rs 274 per share; Overall market breadth was also positive
HP Adhesives is likely to debut with a 20-25 per cent listing gain, as per indications from the GMP
Neither Jhunjhunwala nor Damani have made any statement regarding their request to RBI
Vishwavir Ahuja on "medical leave", hunt for successor on, says bank
We need to up the game on service, governance, digital and risk areas, Rajeev told reporters
He told reporters the bank does not anticipate major capital needs in the short term, countering fears of problems in management
RBL's CEO goes on leave after the RBI appointed Yogesh K Dayal as an additional director of the bank.
Ahuja's leave coincides with RBI appointing one of its chief general managers, Yogesh Dayal, as an additional director in the bank for a period of two years
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
RBL Bank on Monday said it had raised Rs 5.20 crore through a corporate social responsibility initiative focused on cycling in a bid to support education of underprivileged and special-needs children
Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period