 "RBL bank")
Investors rushed to buy shares of RBL Bank on the BSE on Wednesday, driving prices as much as 8 per cent higher to Rs 271, after foreign brokerage CLSA said the bank is undergoing its "second transformation". The stock has leaped 13 per cent in the past two trading sessions.
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. The bank built its credit-card and microfinance (MFI) business over the past three to four years and scaled it further through tie-ups. This, they say, will drive the
