Page 13 - Rbl Bank

Stock picks by Ajit Mishra of Religare Broking: Buy Britannia Ind, Dabur

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

RBL Bank to raise over Rs 1,500 cr fresh equity at Rs 177 a share

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

RBL Bank Q1 profit dips 47% on higher provisions for Covid-19, other risks

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

Nifty outlook and stock recommendations by CapitalVia: Buy RBL Bank, ONGC

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

Financials rebound; Bajaj Finance, RBL Bank gain over 10% from day's low

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.

RBL Bank expects dip in new credit cards, spends in FY21

Nearly a fourth of its overall credit card portfolio of Rs 10,500 crore has opted for the moratorium, he said

FY21 will test RBL Bank on many fronts, investors advised caution

While high NIMs put the bank's pricing power in good light, some reversal is expected in FY21 due to surplus liquidity, change in mix and a likely rise in bad loans

RBL Bank declines 12% from day's high in a firm market post Q4 results

The bank's total revenue jumped 33 per cent YoY to Rs 1,522 crore from Rs 1,148 crore reported in Q4FY19, while its net interest income came in at Rs 1,021 crore, up 38 per cent YoY from Rs 739 crore

Market Ahead, May 8: All You Need To Know Before The Opening Bell

A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today

RBL Bank's pre-tax profit declines 58% in Q4 over higher provisioning

The bank saw a healthy growth of 37 per cent in its operating profit at Rs 765 crore compared to Rs 560 crore a year ago.

Market Ahead, May 7: Top factors that could guide markets today

Hindustan Unilever will be in focus today as UK-based GSK will offload shares worth Rs 26,000 crore in the FMGC major

Promoter, PE stake may go up in private banks; IndusInd, HDFC Bank to gain

Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.

RBL Bank stock hits new low of Rs 102, tanks 67% in two months

Axis Capital expects RBL Bank to report 71.5 per cent year-on-year (YoY) drop in net profit at Rs 70.5 crore.

RBL Bank slips 20% in 4 days, nears new low ahead of Q4 business update

The bank is scheduled to issue a statement on certain key business parameters of the fourth quarter later in the day.

RBL, IndusInd Bank fail to end investor worries, shares near all-time lows

What's also ailing these stocks and also the banking sector at large, is the dwindling investor confidence created by YES Bank's turmoil

We are financially strong, well-capitalised and profitable, says RBL Bank

The lender said market rumours around financial health and stability of the bank are totally misplaced, motivated and not based on facts.

New valuation gap between top tier pvt sector banks and their small peers

BL Bank, for example, is down 47.2 per cent during the period. Its m-cap is down from ~15,700 crore on February 20 to ~8,283 crore at the close of trading on March 16

Financial shares under pressure; IndusInd Bank, RBL Bank slip up to 24%

ICICI Bank, IDFC First Bank and Axis Bank were down in the range of 10% to 11%, while HDFC, Bajaj Finance, SBI, Federal Bank and Power Finance Corporation were down 8% to 9% on the NSE.

We are financially strong and well capitalised, confirms RBL Bank

The statement comes in the wake of the Yes Bank crisis, following which stock prices of various banks went sharply down.

RBL Bank shares rebound 15% after plunging 31% in two days

The bank said that rumors around financial health and stability of the institution especially in social media seem to be "misplaced, motivated and not based on facts"