Page 3 of RBL

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

RBL Bank gross advances up 3 per cent at Rs 61,929 cr in FY22

RBL Bank said the data is provisional, and it is being released ahead of the official announcement of the financial…

Updated: April 6, 2022 14:49 IST

Stanza Living raises Rs 425 cr in debt funding led by Kotak Mahindra Bank, RBL Bank

Stanza Living, which provides rental accommodation to students and working professionals, was co-founded by Sandeep Dalmia and Anindya Dutta in…

Updated: March 23, 2022 12:12 IST

Ahuja observed that on the business front, Q3 was a good quarter, given the improving activity after the severe second wave in Q1 and its spillover impact in Q2. “Asset quality position, which got impacted because of the second wave, continues to improve,” he said.

RBL Bank Q3 net rises 6% on lower provisions

The net interest margin, a key measure of profitability, rose 20 bps sequentially to 4.3%.

January 28, 2022 03:45 IST

RBL Bank’s deposits slide 2.58% in December quarter; retail and small business deposits drop over 11%

Total deposits stood at Rs. 73,637 crore while retail deposits and deposits from small business customers were at Rs. 27,871…

Updated: January 3, 2022 10:44 IST

SBI, CMS Info Systems, IndiGo, RBL Bank, PB Fintech among stocks in focus today

Nifty futures on the Singapore Exchange traded 1.5 points, or 0.01 per cent, higher at 17,296.50, signalling that Dalal Street…

December 31, 2021 08:03 IST

RBL Bank shares plunge 10% to hit 52-week low; here’s why

RBL Bank stock has been under pressure ever since Vishawvir Ahuja stepped down as MD & CEO and the Reserve…

December 30, 2021 15:25 IST

RBI tells RBL Bank account holders to not panic, says bank has enough money

RBL Bank share price crashed as much as 23.5% to Rs 132.35 apiece after a slew of top management changes…

Updated: December 27, 2021 15:02 IST

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Sebi’s comprehensive LODR review paper likely in 4–6 months: Pandey

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Sebi is planning to release a consultation paper in 4-6 months to review the LODR framework. The goal is to simplify regulations, reduce compliance burdens, and eliminate unnecessary provisions. Suggestions from industry stakeholders include clarifying ambiguities, accommodating new-age companies, and addressing promoter holdings.

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