RBL Bank is currently trading at Rs. 100.20, up by 1.95 points or 1.98% from its previous closing of Rs. 98.25 on the BSE.
The scrip opened at Rs. 98.90 and has touched a high and low of Rs. 100.55 and Rs. 98.00 respectively. So far 160078 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 221.20 on 10-Nov-2021 and a 52 week low of Rs. 74.15 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 104.10 and Rs. 96.95 respectively. The current market cap of the company is Rs. 5890.23 crore.
The Institutions and Non-Institutions held 40.50% and 59.50% stake respectively in the company.
RBL Bank has received approval for issue of debt securities on private placement basis, from time to time, upto an amount of Rs 3,000 crore to fund the lender's business growth. The fund raising will be subject to the approval of the shareholders. The board of director at their meeting held on August 22, 2022 has approved the same.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.
