RBL is a small-sized private lender
At 12:51 pm, the Nifty Bank index was down 2.7 per cent at 34,536 points, as compared to 1.6 per cent decline in the Nifty50 index
Affordable housing and tractor loans are the new business segments that the bank is entering
Renewed focus on MFI loans and credit cards should put the bank on growth trajectory after six quarters
In a report dated January 5, CLSA said the bank is re-aligning its product portfolio and is now focusing on key retail-asset niches
Strong growth is expected to counter the likely asset quality issues
RBI decision will clarify its stand on 15-year cap mentioned in discussion paper
With this, the lender's capital adequacy has gone up to to 18.7%
Having capital helps in case a good inorganic opportunity - small or medium sized - comes up, said CEO Ahuja
Banker says there were hiccups due to coronavirus impact but all lead indicators are turning positive
As long as Bharti Airtel's stock is able to defend Rs 440-mark, the upside bias may lead to upward rally towards Rs 480 and Rs 510 levels
Net interest margin flat at 4.34%, other income up 3% to Rs 456 cr
Primary trend of the stock is negative where stock price is trading below its important moving averages
RBL Bank on Thursday said it has launched cardless cash withdrawal facility from ATMs, leveraging the Instant Money Transfer (IMT) system
Ahuja sold the shares mainly to service personal debt and meet family commitments, the bank said
After a sharp dip in March 2020, Britannia Industries has recovered almost vertically and made a new record high at Rs 4,010 in July 2020
The capital will be issued to institutional investors such as Maple BV (an associate of Barings Private Equity Asia) and ICICI Prudential Life on preferential basis
The gross non-performing assets ratio improved to 3.45 per cent as against 3.62% in March, but was higher than 1.38% in the year-ago period
As per monthly option data, a handful of put writing on higher strikes ranging from 9,900 to 10,200 is seen which shows Nifty might witness support in subzone of 10,000
The Supreme Court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.