Category: RBL Bank

Paytm* Payments Bank, as we know it, is set to die.
On Wednesday, 31 January, the Reserve Bank of India ordered the six-year-old payments bank to halt its business. The banking regulator was done offering more chances to Paytm Payments Bank; it had crossed the line drawn by the RBI at least

five

five

The Ken
Inside the Paytm Payments Bank fiasco
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five

The Ken
Inside the Paytm Payments Bank fiasco

times since it became operational in 2017.
​​Unlike other warnings in the past, the regulator’s words had a finality to them. It offered no room for remedy. “It’s an unusual death sentence,” said Sankarson Banerjee, a technology consultant to…
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Source: https://the-ken.com/story/rbi-issues-a-death-sentence-to-paytm-payments-bank/

The current data for RBL Bank stock shows that the stock price is ₹265.65. There has been a percent change of 2, indicating a positive movement in the stock price. The net change is 5.2, which means that the stock price has increased by 5.2 units. Overall, this suggests that the RBL Bank stock is performing well and experiencing an upward trend.
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Source: https://mintgenie.livemint.com/amp/news/markets/rbl-bank-share-price-live-blog-for-01-feb-2024-151706756705995

29 Jan 2024, 03:29 PM IST
RBL Bank January futures opened at 258.05 as against previous close of 256.85
RBL Bank, a leading private sector bank in India, has a spot price of Rs. 255.05. The bid price is Rs. 256.4, while the offer price is Rs. 256.55. The offer quantity stands at 5000, and the bid quantity is 2500. The open interest for RBL Bank is 53022500. Investors can keep an eye on these figures to make informed decisions regarding their investment in RBL Bank.Disclaimer : The futures data is at a delay of 15 minutes

29 Jan 2024, 03:16 PM IST
RBL Bank share price Live :RBL Bank trading at…
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Source: https://www.livemint.com/market/live-blog/rbl-bank-share-price-live-blog-for-29-jan-2024/amp-11706497024599.html

TL;DR.RBL Bank stock price went down today, 26 Jan 2024, by -1.4 %. The stock closed at 259.9 per share. The stock is currently trading at 256.25 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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Source: https://mintgenie.livemint.com/amp/news/markets/rbl-bank-share-price-live-blog-for-26-jan-2024-151706246509856

NEW DELHI: Private sector bank stocks were the biggest losers on Wednesday as the Sensex plunged 1,200 points. Index heavyweight, HDFC Bank is down 6.7 per cent, Kotak Mahindra is down more than 3 per cent, Axis Bank is down 2 per cent, ICICI Bank is down 2 per cent. AU Bank is down 3.5 per cent, RBL Bank is down 3 per cent, Yes Bank is down 3 per cent, RBL Bank is down 3 per cent. BSE Private Banks index is down more than 3 per cent. South Indian Bank is down more than 4 per cent, Union Bank is down 3 per cent. Elara Securities said in a report that HDFC Bank’s Q3 PAT of Rs 163.7 billion was broadly in line with our estimates following higher other income (stake sale in Bandhan…
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Source: https://www.dtnext.in/amp/news/business/private-sector-banks-lead-losses-as-sensex-plunges-1200-points-761724

Less than two years into his job, the CEO has restored the regulator’s and investors’ confidence in the private sector lender. He now has new growth plans.It was certainly not the best of starts. 
A week before R. Subramaniakumar was to take over as managing director and chief executive of RBL Bank in June 2022, the stock hit an all-time low, plunging 90% from May 2019 to Rs 77.
Subramaniakumar was roped in after former CEO Vishwavir Ahuja was nudged out by the central bank for falling short on expectations. The brief for the new CEO was clear: Boost the bank’s secured retail loan book and retail deposits. But six months into his job, the needle hadn’t moved much on either…
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Source: https://themorningcontext.com/business/rbl-banks-subramaniakumar-weaves-his-magic

RBL Bank Stock Price TodayRBL Bank Share Price Today : On the last day of trading, RBL Bank opened at ₹285.45 and closed at ₹284.5. The stock had a high of ₹291.6 and a low of ₹280. The market capitalization of the bank is ₹16,974.45 crore. The 52-week high for the stock is ₹293.55, while the 52-week low is ₹131.6. The stock had a trading volume of 471,042 shares on the BSE.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/rbl-bank-share-price-live-blog-for-10-jan-2024-151704854763610

Stocks To Watch On January 5: GIFT Nifty on the NSE IX traded lower by 9 points, or 0.04 per cent, at 21,770, signaling that Dalal Street was headed for muted start on Friday. Here’s a slew of stocks that will be in focus today for various reasons.Dabur India: Dabur India expects mid- to high-single-digit growth in its consolidated revenue for the quarter ended December (Q3FY24), as demand for its consumer goods in rural areas continued to lag urban regions and pricing growth remained subdued.However, Dabur expects gross margins to likely expand, led by moderating inflation and cost-saving initiatives. Story continues below advertisement Sobha: Sobha Ltd logged its best-ever quarterly…
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Source: https://www.news18.com/amp/business/stocks-to-watch-dabur-grasim-rbl-bank-coforge-lupin-torrent-pharma-and-others-8728643.html