Page 2 - RBL Bank Ltd News

FIIs unwind Nifty longs, add shorts in Bank Nifty; Experts see more pain

Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.

Navratri 2024: How are FII, DII, retail investors positioned in the market?

Derivatives market update for Oct 03: Dhupesh Dhameja of SAMCO Securities sees max pain for Nifty at 25,750 and Bank Nifty at 52,900 based on the existing options data.

Nifty, Bank Nifty PCR turns bearish; Longs added in MidCap; Shorts in RIL

Derivatives market update Oct 01: FIIs continue to hold more than 4 long positions in index futures for every short bet. Proprietary trades hold 5 shorts for every bullish bet in index futures.

Hydra Trading sells 1.24% stake in RBL Bank for Rs 152 crore in open market

Hydra Trading, a public shareholder of RBL Bank, on Monday sold a 1.24 per cent stake in the private sector lender for over Rs 152 crore through an open market transaction. According to block deal data available on the BSE, Hydra Trading Pvt Ltd offloaded 75.11 lakh shares or 1.24 per cent stake in RBL Bank. The shares were sold at an average price of Rs 203 apiece, taking the deal value to Rs 152.49 crore. As of June quarter ending, Hydra Trading owned a 1.25 per cent holding in Mumbai-based RBL Bank. These shares were acquired by Cronus Merchandise LLP at the same price. Shares of RBL Bank fell 1.57 per cent to close at Rs 204.35 per piece on the BSE. In a separate transaction on the BSE, Plutus Wealth Management bought 85 lakh shares, amounting to a 0.66 per cent stake in domestic carrier SpiceJet for Rs 51 crore through an open market transaction. The shares were picked up at an average price of Rs 59.95 apiece, taking the aggregate transaction value to Rs 50.96 crore, as pe

F&O Insights: Bulls take charge as Nifty, Bank Nifty PCR jumps over 1

Derivatives market update for Sept 13: Data shows FIIs added fresh longs in Nifty futures, while covering some shorts in Bank Nifty; Retail, DIIs up short bets. Analysts upbeat on near-term outlook.

RBL Bank aims to grow in credit cards, launches offering with Indian Oil

Private sector lender RBL Bank is aiming to grow its credit card portfolio "moderately" and focus on other aspects like cross-selling to customers, a senior official has said. If the industry grows at 20-25 per cent, the lender would like to increase its credit card outstanding by up to 15 per cent, its business head for credit cards Bikram Yadav said. "We would grow moderately in this segment, and we'll focus on internal unit economics and customer engagements and deeper cross-sell with them," Yadav added. Yadav, who was speaking after the launch of a dedicated offering in association with the largest oil marketing company Indian Oil Corporation, christened 'Xtra Credit Card', added that the other factors are more important than growth for the bank and its focus is on "reasonable" returns on the capital it deploys. It can be noted that the credit card segment has been under the spotlight because of the RBI's discomfort around the riskier unsecured segment growing fast. "The RBI i

F&O Insights: Options data hint Nifty may fall to 24,500; FIIs pare longs

Derivatives market update for Sept 09: FIIs were net sellers in Nifty futures for the sixth straight trading session on Friday; Nifty weekly PCR drops to 0.6:1.

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup

F&O Insights: Experts advocate some caution; 4 stocks in F&O ban

Derivatives market update for Sept 05: The Put-Call Ratio dropped from 0.96 to 0.82, reinforcing the dominance of call writers and a cautionary trend; 25,150 remains a key level for the Nifty, says Dh

Bank-fintech tie up will boost innovation, risk management: RBL CEO

The experience of banks and non-banking financial companies (NBFCs) in risk underwriting and risk assessment will help in improving customer experience

F&O cues: FIIs bullish on Nifty MidCap; JK Cement, Deepak Nitrite on radar

Derivatives market update for Friday, August 23: Analysts suggest Nifty options market reflects a bearish sentiment, with increased Call writing vs. Puts, as the index nears major hurdles.

Expecting NIMs to climb in a few quarters, says RBL Bank MD & CEO

He outlines the bank's approach to safeguarding its net interest margin (NIM), mobilising liabilities amid fierce competition for deposits, and reorganising its advances portfolio

EQT Private Cap Asia exits RBL Bank, sells entire stake for Rs 1,091 cr

EQT Private Capital Asia, formerly known as Baring Private Equity Asia, on Thursday exited RBL Bank by selling its entire 7.89 per cent stake in the private sector lender for Rs 1,091 crore through an open market transaction. EQT Private Capital Asia through its vehicle Maple II BV sold shares of RBL Bank through a bulk deal on the BSE. As per the data available on the BSE, Maple II B V sold 4,78,40,700 shares, amounting to a 7.89 per cent stake in RBL Bank. The shares were offloaded at an average price of Rs 228.08 apiece, taking the transaction value to Rs 1,091.15 crore. Meanwhile, Societe Generale and Morgan Stanley Asia Singapore Pte bought 1,95,99,054 shares or 3.23 per cent stake in RBL Bank. The shares were purchased at an average price of Rs 446.85 crore. Details of other buyers of RBL Bank's shares could not be ascertained. The scrip of RBL Bank fell 2.95 per cent to close at Rs 230.40 per piece on the BSE. Last week, RBL Bank reported a 29 per cent jump in net profit

RBL Bank Q1 results: Net profit grows 29% to Rs 372 crore, NII up 19.5%

The bank's total revenue rose by 19 per cent Y-o-Y to Rs. 2,505 crore

RBL Bank Q1 results: Net profit grows 29% to Rs 372 cr, NII up 20%

Private sector lender RBL Bank on Saturday reported a 29 per cent jump in net profit to Rs 372 crore for the June quarter. The bank's core net interest income grew 20 per cent to 1,700 crore on the back of a 19 per cent rise in advances. Its net interest margin was 5.67 per cent. The other income grew 18 per cent to Rs 805 crore. The bank's deposit growth came at 18 per cent during the quarter and was attributed to the differentiated offerings by its managing director and chief executive R Subramaniakumar. The incremental deposit growth will be able to meet the incremental advance growth for the bank going forward, he said. On the advances front, the bank will focus on secured retail products like business loans and housing loans going forward, he said, adding that the two cumulatively grew by 19 per cent, while housing rose 52 per cent and rural vehicle surged 74 per cent. From an asset quality perspective, it witnessed higher stress with the net slippages in the credit card ...

KEC, RBL Bank, Redington: 5 smallcap stocks with warning signs on charts

Among the key momentum oscillators - the MACD and Slow Stochastic are showing negative divergence on these smallcap stocks; hence caution is advised at these counters.

RBL Bank stock gains 3% on board's nod for Rs 6,500 cr fund raise

RBL Bank stock update: The stock hit a high of Rs 270 in Friday's intra-day deals after the bank's board approved fund raise by way of QIP and debt sale.

RBL Bank to raise Rs 6,500 cr through combination of QIP, debt issue

The bank will raise Rs 3,500 crore through QIP and Rs 3,000 crore through issue of debt securities via private placement, according to an exchange filing