Govt must consider merging private lender RBL Bank with state-owned bank: AIBEA
The company's Non-Performing Assets rose from only Rs 357 crore in 2017 to more than Rs 2,600 crore.
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RBL Bank raises Rs 1566 crores via preferential allotment
Baring Private Equity Asia invested an amount of ₹999 crores followed by ICICI Prudential which invested ₹330 crores
Q2 FY2021 Results: RBL Bank posts profit of Rs 152.43 crore, 185% growth YoY
The company reported a net profit of Rs 152.43 crore for the September quarter, a 185% growth YoY. It had posted a profit of Rs 53.42 crore in the corresponding quarter previous year.
RBL Bank to raise ₹1,500 crore through preference shares
RBL Bank is set to raise Rs. 1500 crore through preference shares, decided the Board of Directors of the bank.
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