Page 14 - Rbl Bank

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

RBL Bank tanks 19% in two days on weak FY20 guidance

RBL Bank on Friday said that it expects some challenges on some of their exposures in the near term.

Cautious guidance on NPAs for FY20 disappoints RBL Bank investors

In addition to asset-quality trend, Street will keep an eye on capital

RBL Bank Q1 net up 41% to Rs 267 cr on higher fee income, fall in bad loans

The interest earned during the quarter rose to Rs 2,022.67 crore from Rs 1,364.22 crore a year earlier

RBL Bank tumbles nearly 14% post Q1 nos as lender signals challenges ahead

For the June quarter, RBL Bank posted a 41 per cent year-on-year (YoY) rise in net profit or PAT (profit after tax) at Rs 267.1 crore. Sequentially, the numbers grew 8 per cent.

With steady loan growth, RBL Bank draws many similarities to HDFC Bank

RBL's rich valuations, at 3.5 times its FY20 estimated book, is similar to HDFC Bank's, which continues to remain among the most expensive banking stock for its ability to maintain a clean loan book

RBL Bank Q4 net profit rises 39% to Rs 247 crore on interest margins

The net interest margins rose to 4.23% in Q4FY19 from 3.98 per cent in Q4FY18

RBL Bank may not achieve FY20 target due to expected rise in costs

The expected increase in costs of deposits likely to offset margin gains from high-yield loan segments, say analysts

RBL Bank Q3 net up 36% at Rs 225 crore on better interest margins

Net Interest Income up 40% to 655 crore; improvement in asset quality seen in better NPA ratios

With base effect catching up, RBL is a capital guzzler among private banks

With the bank growing its assets by over 30-35% quarter after quarter, it is constantly in need of capital