Page 2 of RBL

Mahindra & Mahindra stock tanks 7% today after RBL Bank stake acquisition; RBL Bank shares jump 5%

Mahindra & Mahindra stock tanked 7% today after the company acquired a 3.53% stake in RBL Bank for Rs 417…

July 27, 2023 11:28 IST

RBL bank targets 5% NIM in FY24

The attrition rate at senior-level is far less than at junior levels, the MD added.

July 25, 2023 03:15 IST

RBL Q1 net profit jumps 43 pc to Rs 288 crore; aims to reduce unsecured loans share

The bank is aiming to expand the NIMs further to 5 per cent going forward on the back of a…

July 22, 2023 18:17 IST

Will be able to maintain NIMs around 5%: RBL MD & CEO Subramaniakumar

“Our overall advances have grown by 17% (Q4FY23) and our retail loans have grown by 21% y-o-y.”

May 2, 2023 02:15 IST

RBI imposes Rs 2.27 crore penalty on RBL Bank

The Reserve Bank of India on Monday said it has imposed a penalty of Rs 2.27 crore on RBL Bank…

March 20, 2023 20:25 IST

New Fixed Deposit plan with the power of compounding gives up to 8.3% interest!

RBL Bank’s Smart Deposit Scheme is a flexible fixed deposit option where customers can avail the benefit of flexibility with…

January 26, 2023 14:41 IST

RBL Bank profit jumps 34% on strong loan growth

The bank wrote-off loans worth Rs 371 crore in the December quarter. It recovered loans worth Rs 126 crore in…

January 21, 2023 01:00 IST

RBL Bank, RBL Bank outlook, RBL Bank profit,

RBL Bank profit rises to Rs 202 cr in Jul-Sept quarter

“We will continue to focus on our key niche areas of cards and microfinance, while accelerating the diversification across more…

October 23, 2022 01:30 IST

stocks to watch, stocks in news, stocks in focus, tcs

TCS, Infosys, NTPC, Bank of Baroda, IIFL Finance, RBL Bank, Tata Power, Lemon Tree stocks in focus on Aug 23

Indian equity markets are likely to open in the red, hinted SGX Nifty. Nifty futures traded 49.5 points, or 0.28%…

Updated: August 23, 2022 08:36 IST

RBL Bank gets two new board members

With the new appointments, the bank’s board now has 14 members.

August 23, 2022 01:00 IST

The bank’s net interest margin (NIM) remained largely flat at 4.4% as on June 30 as compared to the previous year. The bank management expects a small increase in the NIMs from this level for the rest of the financial year.

RBL Bank posts Rs 201-crore profit in Q1

The bank’s provisions for the quarter fell 82% on year to Rs 253 crore on the back of improvement in…

July 22, 2022 00:30 IST

RBL Bank, IMGC tie up for mortgage guarantee-backed home loans

Private player IMGC provides mortgage guarantee to lenders for home loans.

July 13, 2022 15:58 IST

Yes Bank advances rise 14%, RBL Bank’s up 7% in June quarter

RBL Bank said its gross advances grew 7% YoY, slower than its peers, to Rs 62,095 crore, while South Indian…

July 6, 2022 03:25 IST

The high level of comfort with the latest in technology makes Subramaniakumar a good fit for his new assignment as RBL Bank’s CEO, say people who have worked closely with him.

R Subramaniakumar, MD & CEO, RBL Bank: The Transformationist

Soon enough, the Reserve Bank of India (RBI) picked him to clean up another troubled financial institution, Dewan Housing Financial…

Updated: June 16, 2022 18:35 IST

RBL Bank share price tanks on Monday as choice of new CEO disappoints markets

The selection of a former public sector bank (PSB) executive, also known for steering the resolution of a bankrupt housing…

June 14, 2022 10:57 IST

‘As a universal bank, RBL must diversify its loan offerings’

The lender will now prioritise diversifying its loan book to branch out beyond its niche of credit cards and microfinance…

Updated: June 14, 2022 10:50 IST

RBL bank, RBL bank performance, RBL bank Q3, RBL bank Q3 net result

DHFL administrator R Subramaniakumar is RBL Bank chief

The bank received the communication approving Subramaniakumar’s appointment from the RBI on Friday.

June 12, 2022 05:30 IST

The bank’s advances growth was muted at 2% year-on-year (y-o-y) and the loan book stood at Rs 60,022 crore, with the retail book shrinking 9%.

RBL Bank close to tying up $100-million tier-II funding

The lender’s capital to risk-weighted assets ratio (CRAR) stood at 16.8% as on March 31, 2022, down from 17.5% a…

May 13, 2022 01:30 IST

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Chicago Walmart shooting: Suspect taken into custody minutes after he fled the scene

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A male suspect was arrested for shooting two people at a Walmart in Evergreen Park, Chicago. The incident occurred on Wednesday afternoon and the alleged gunman was apprehended within 15 minutes of fleeing the scene. The suspect knew one of the victims who were injured. This is an ongoing investigation.

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