RBL Bank rises on buzz of partnering with Amazon Pay

20 May 2022 Evaluate

RBL Bank is currently trading at Rs. 114.65, up by 1.00 points or 0.88% from its previous closing of Rs. 113.65 on the BSE.

The scrip opened at Rs. 117.80 and has touched a high and low of Rs. 117.80 and Rs. 114.10 respectively. So far 438635 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 226.45 on 08-Jul-2021 and a 52 week low of Rs. 100.80 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 124.35 and Rs. 109.35 respectively. The current market cap of the company is Rs. 6900.40 crore.

The Institutions and Non-Institutions holding in the company stood at 50.00% and 50.00% respectively.

RBL Bank has reportedly partnered with Amazon Pay to offer peer-to-peer and peer-to-merchant transactions. The partnership will allow the bank to tap Amazon Pay’s growing customer base and transaction volumes. The move will expand the bank’s presence in the UPI segment with its payment processing platform hosted on AWS.

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.

RBL Bank Share Price

239.95 1.65 (0.69%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
HDFC Bank 1448.20
ICICI Bank 1095.75
Axis Bank 1048.30
Indusind Bank 1549.10
Kotak Mahindra Bank 1785.80
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