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
The management said the bank is confident of reverting to normalised levels of business, growth and profitability from the current (Q3) quarter itself
RBL Bank on Thursday reported a 78 per cent decline in its September quarter net profit at Rs 31 crore on a jump in asset quality issues but guided towards a better second half with better ratios.
NII was down 2% to Rs 915 crore, but other income rose 42% to Rs 593 crore, taking the lender's total income to Rs 1,508 crore, up 12% YoY
Realty firm Omaxe Ltd on Monday announced the appointment of Sunil Goel, brother of its chairman and MD Rohtas Goel, as additional director (executive), signalling a truce between the warring brothers
RBI imposes monetary penalty on RBL Bank for breaching deposit, board composition norms
Ahuja, a veteran with close to 35 years of experience, joined RBL in 2010 and has been successful in transforming it into a vibrant, new-age bank
Plans to issue 1.2-1.4 million cards in the current financial year (FY22)
Two months after getting hit by the regulatory ban on Mastercard, private sector lender RBL Bank on Wednesday restarted credit card issuances on rival Visa's payment network. The Reserve Bank of India had banned Mastercard from issuing any new cards on July 14 this year for not complying with data localisation requirements. The move had hit a slew of lenders, including RBL Bank, which was fully dependent on the American payment company for its credit card business. RBL Bank said it signed up with Visa on July 14 itself, and the technology integration was achieved in record time to restart new issuances. Its head for retail business thanked Visa and technology partner Fiserv, and exuded confidence of meeting its target of issuing 12-14 lakh credit cards in FY22. Visa's head of business development for India Sujai Raina said the company aims to enable digital payments and help customers avail credit offerings from issuers with ease. Credit cards contribute 37.5 per cent of the retai
Amid a steep rally, investors got richer by Rs 2.4 trillion, BSE data showed