INSUBCONTINENT EXCLUSIVE:
Shares of RBL Bank were last trading 1.35 per cent higher at Rs 184.20 on the BSE.Share price of RBL Bank today gained around two per cent
on Wednesday, May 5, a day after the bank announced its January-March quarter results for the financial year 2020-21
On Wednesday, RBL Bank opened on the BSE at Rs 179.45, registering an intra day high of Rs 186.75 and an intra day low of Rs 179.45, in the
March quarter, marking a 34 per cent year-on-year decline.According to the statement, RBL Bank net interest income or NII in the fourth and
last quarter of the financial year 2020-21 fell 11 per cent year-on-year to Rs 906 crore
Near-term asset quality too could be at risk in the wake of the raging second Covid-19 wave, leading to elevated LLP
Accordingly, we cut our earnings estimates for the financial year 22-23 by 12-13 per cent,'' said Emkay Global Financial Services Limited.On
the NSE, RBL Bank opened at Rs 180.25, touching an intra day high of Rs 186.90 and an intra day low of Rs 180.25, in the session so far
It was last trading 1.43 per cent higher at Rs 184.35 on the NSE.Shares of RBL Bank were last trading 1.35 per cent higher at Rs 184.20 on
