RBL Bank is currently trading at Rs. 347.95, up by 3.15 points or 0.91% from its previous closing of Rs. 344.80 on the BSE.
The scrip opened at Rs. 346.70 and has touched a high and low of Rs. 350.20 and Rs. 346.00 respectively. So far 61028 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 716.55 on 28-May-2019 and a 52 week low of Rs. 230.55 on 23-Oct-2019.
Last one week high and low of the scrip stood at Rs. 350.20 and Rs. 327.85 respectively. The current market cap of the company is Rs. 16841.41 crore.
The Institutions and Non-Institutions holding in the company stood at 52.94% and 47.06% respectively.
RBL Bank has raised Rs 675.80 crore through preferential allotment of shares, completing total fund raising of Rs 2,701 crore. A total of 1.98 crore shares were allotted preferentially at a price of Rs 340.70 per share on December 30.
This brings the total capital raised by the bank to Rs 2,701 crore through preferential allotment and the Qualified Institutions Placement (QIP) completed earlier this month. The preferential allotment increases the bank's total capital adequacy ratio to 16.31 percent, core equity tier I ratio to 15.29 percent, enhancing the bank's capital adequacy.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.
| Company Name | CMP |
|---|---|
| HDFC Bank | 777.90 |
| ICICI Bank | 1270.95 |
| Axis Bank | 1277.00 |
| Kotak Mahindra Bank | 371.85 |
| Indusind Bank | 916.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: