Shares of RBL Bank rallied 5.6% to Rs 156.7 in Thursday’s trade on BSE after the lender reported a 22% year-on-year (YoY) growth in its deposits for the quarter ended March, while advances jumped 19% in the same period.The private lender has reported deposits of Rs 1,03,454 crore for the quarter ended March. This represents a growth of 22% compared to the same period last year and a 12% increase from the previous quarter, according to preliminary figures. The bank’s gross advances for the quarter amounted to Rs 85,640 crore, marking a 19% YoY increase and a 5% quarter-on-quarter (QoQ) rise. Meanwhile, retail advances saw a 29% YoY growth, while wholesale advances grew by 7% YoY for the…
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Category: RBL Bank
Stock market today: RBL Bank, Tata Chemicals, ZEEL among 8 stocks under F&O ban list on Thursday — March 21
Indian stock market today: A total of 8 stocks have been banned for trade on Thursday, March 21, 2024,…
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Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say
Paytm share price opened at ₹415.60 against its previous close of ₹405.85 and rose 4.93 per cent to hit its intraday high of ₹425.85. Around 12:15 pm, the stock traded nearly 3.45 per cent up at ₹419.85, indicating a potential continuation of its upward trend for the fourth consecutive session.
Paytm share price hit its 52-week low of ₹318.35 on February 16, 2024, after the RBI’s action against Paytm Payments Bank (PPBL). At the current market price of ₹420, the stock is up 32 per cent from its 52-week low.
Also Read: Paytm issues FAQs: What will work after March 15? Here’s what users must know
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RBL Bank aims to grow retail with new products, cut back on wholesale book
RBL Bank turned shaky a few years ago and the regulator intervened by nominating one of its members to its board of directors to boost sagging confidence. In a management shakeout, the CEO was replaced. The new CEO, R Subramaniakumar, details the proposed turnaround and the lender’s strategic thrust in a conversation with Sangita Mehta and MC Govardhana Rangan. Edited excerpts:A few years ago, there were doubts about the survival of the bank. What was your strategy that pulled it back from the brink? Two episodes happened in the bank’s history, as far as the balance sheet is concerned. One was with respect to some of these four to five big loans that have defaulted, and the second was…
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F&O Ban List: SAIL among 7 stocks under trade ban on Friday. RBL Bank, Hindustan Copper make exit
Seven stocks are on the F&O trade ban list on Friday viz. Balrampur Chini, Biocon, Indus Towers, Piramal Enterprises (PEL), Steel Authority of India (SAIL), Tata Chemicals and Zee Entertainment Enterprises (ZEE). Hindustan Copper and RBL Bank are out of the ban while SAIL is the latest entrant on the ban list.The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.Traders who trade in indices do not encounter a situation of security ban.The MWPL for Balrampur Chini stood at 85.5% on Thursday with OI reported by Trendlyne at 9.7 million. It…
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Stock market today: Biocon, RBL Bank, SAIL among 11 stocks under F&O ban list on Monday — 18th March
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18 Mar 2024, 06:22 AM IST
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F&O ban list: Aditya Birla Fashion, BHEL, Biocon, Hindustan Copper, Manappuram Finance, National Aluminium, Piramal Enterprises, RBL Bank, SAIL, Tata Chemicals, and ZEEL are the 11 stocks that are part of the F&O ban list by the stock market exchange for March 18
No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.
Indian stock market today: A total of 11 stocks have been banned for trade on Monday, March 18, 2024,…
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Rbl Bank Outlook for the Week (March 18, 2024 – March 22, 2024)
RBL Bank allots 2.90 lakh equity shares under ESOP – Capital Market Publishers India Pvt Ltd
RBL Bank allots 2.90 lakh equity shares under ESOP Capital Market Publishers India Pvt Ltd
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RBL Bank Stocks Drop in Trading Today
TL;DR.RBL Bank stock price went down today, 11 Mar 2024, by -2.15 %. The stock closed at 255.85 per share. The stock is currently trading at 250.35 per share. Investors should monitor RBL Bank stock price closely in the coming days and weeks to see how it reacts to the news.
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Persistent Systems – RBL Bank, Persistent Systems among 5 stocks with short buildup
Mar 05, 2024, 01:16:29 PM ISTA short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday’s trading session, five stocks witnessed a build of fresh short positions. Here’s the list:ETMarkets.comOI change as of March 5: 4.67%Stock price change: -3.41%ANIOI change on March 5: 1.88%Stock price change: -2.58%ETMarkets.comOI change on March 5: 1.08%Stock price change: -3.55%ANIOI change on March 5: 0.87%Stock price change: -2.23%ETMarkets.comOI change on March 5: 0.32%Stock price…
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