RBI says RBL Bank well capitalised with satisfactory financial position

The stock of the bank closed 18.32 per cent down to close at Rs 140.90 a piece on the BSE

The Reserve Bank of India (RBI) clarified on Monday that RBL Bank is “well capitalised and the financial position of the bank remains satisfactory,” and there is “no need for depositors and other stakeholders” to react to speculative reports related to banks.

The central bank also said the appointment of an additional director in any private bank is made “as and when it is felt that the board needs closer support in regulatory/supervisory matters”.

RBL Bank, the central bank said, remains heal­thy, and according to half-yearly audited results as of September 30, 2021, the bank has maintained a “comfortable capital adequacy ratio