Page 8 - Rbl Bank

RBL Bank: Regaining investor confidence an uphill task post Q3 results

Analysts have slashed their earnings expectation by 12 - 15 per cent for the lender

RBL Bank's PBT dips 72.2% to Rs 93.88 cr in third-quarter ending Dec 2019

The bank said its advances rose by 20 per cent to Rs 59,635 crore. The loan mix showed a retail share of 51 per cent while that of wholesale was 49 per cent.

Weekly stock picks by Religare Broking: Buy IndusInd Bank, ICICI Pru Life

In the banking space, private banking majors are leading from the front and still looking buoyant

Slowdown in SME sector can hurt mid-sized private banks, be selective

RBL, Federal and City Union appear better-placed to handle the potential SME loans-related woes; investors should be cautious on DCB and Karur Vysya

RBL Bank: Concerns over asset quality overshadow recent fund raise

Last week's Rs 2,025 crore fund raising has boost its capital adequacy by 400 basis points, but asset quality remains questionable

RBL Bank shares trade lower for fourth straight day post QIP issue

In the past four trading days, RBL Bank has underperformed the market by falling 13 per cent on asset quality concerns.

RBL Bank raises Rs 2,025 cr from Bajaj group, other investors

Bank says it concluded the QIP at an issue price of Rs 351 per share pursuant to the allotment of 57.7 million equity shares

RBL Bank looks to raise Rs 1,600 cr via QIPs; sets floor price of Rs 352.57

On July 9, RBL Bank had informed its shareholders at its annual general meeting that it would raise equity capital not exceeding Rs 3,500 crore

RBL Bank to raise Rs 826 cr via preferential allotment to five investors

Board agrees to allot 24.24 mn shares at Rs 340.70 apiece; RBL had already told shareholders at AGM that it would raise equity capital up to Rs 3,500 cr

RBL Bank extends gain on plan to raise fund via preferential issue

RBL's board of directors is scheduled to meet on Saturday, November 30, 2019 to consider the raising of funds by way of issue of equity shares of the Bank on a preferential basis.

RBL Bank hits 2-month high; surges 60% from all-time lows

As per reports, the private lender is looking to raise up to Rs 2,000 crore through a qualified institutional placement (QIP) offering.

Led by CCD, large corporate book roils RBL Bank, net slumps 73% to Rs 53 cr

Its stressed book involving large borrowers stands at Rs 1,800 crore, up from Rs 1,000 crore estimated earlier due to the troubles in Cafe Coffee Day during Q2

Razorpay acquires HR firm Opfin, launches corporate credit cards with RBL

Currently, the payments business forms 70 per cent of Razorpay's revenue and the neo-banking platform, Razorpay X along with Razorpay Capital forms the rest 30 per cent.

Asset quality woes may spook RBL Bank's capital raising plans

Not only has the gross NPA ratio at 2.6 per cent breached the guided level, but the watch-list has almost doubled in Q2 to Rs 1,800 crore

RBL Bank tanks 20%, hits life-time low as net profit dips 74% in Q2

he bank's standalone PAT plummeted 74 per cent year on year (YoY) at Rs 54 crore due to higher provisioning for bad loans

RBL Bank's Q2 profit before tax plunges 67% as provisions jump three-fold

The weakest quarterly performance by the bank since listing saw gross NPA ratio at 2.6 per cent breach the management guidance provided earlier

RBL Bank stock falls 12% as asset quality, growth woes keep Street cautious

Stock has fallen 50% since July 12, further downside not ruled out

RBL Bank slips 10% in two days, hits 31-month low on asset quality concerns

Since July 19, post April-June quarter results, RBL Bank has underperformed the market by falling 42 per cent as compared to 3 per cent decline in the Nifty 50 index.

From Axis Bank to RBL, private banks have their task cut out in FY20

With additional challenges such as fresh stress, loan growth, and escalating costs, the sector faces a tough year ahead

ICICI Bank looks to mop up 15,000 cr in equity capital this financial year

The funds mopped up could be utilised primarily to aid the bank's growth