 "RBL Bank: A capital guzzler among private banks")
Shares of RBL Bank continued to reel under pressure, down 5 per cent, to Rs 470 in intra-day trade on Monday. The stock has fallen 19 per cent in the past two trading days after the bank, on Friday, said it expects some challenges on some of their exposures in the near term.
The private sector bank's stock had recorded its sharpest single-day fall of 14 per cent on Friday since listing on the bourses on August 31, 2018. The stock was trading close to its 52-week low price of Rs 439 it achieved on October 23, 2018.
The private sector bank's stock had recorded its sharpest single-day fall of 14 per cent on Friday since listing on the bourses on August 31, 2018. The stock was trading close to its 52-week low price of Rs 439 it achieved on October 23, 2018.
