RBL Bank Ltd share Price Today

RBL Bank Ltd is in the Banking sector, having the Market Capitalization of worth Rs. 10,173.11 crores, it is incorporated in the year 1943. It has the consolidated NII of Rs. 3,893.91 crores in June 2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 540065, and also listed in the National Stock Exchange (NSE) with the code RBLBANK.

RBL Bank, previously known as Ratnakar Bank is an Indian private sector bank founded in 1943. The headquarter of RBL Bank is situated in Mumbai. RBL Bank is spread throughout the country with the help of a network of 435 branches. RBL Bank initially, a regional bank, mainly served small and medium enterprises (SMEs) and business merchants in the Kohlapur-Sangli belt until it was categorized as a scheduled commercial bank by the Reserve Bank of India in 1959. RBL Bank was the first in the banking industry to introduce a personal credit line-based app in partnership with MoneyTap. Last year, RBL Bank raised nearly 1566 crores through preferential issues with investments from Baring Private Equity Asia, ICICI Prudential Life, CDC Group, etc. The promoters of the company do not hold any stake in the company as of now, whereas Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) own 32.21% and 23.48% of the stake, respectively, and others (such as retail investors) own the balance of 44.31%.

In June 2021, quarterly net revenue was Rs. 2,025.83 crores, which has reduced by approximately 10.34 % from Rs. 2,259.40 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 459.40 crores, which has seen a sharp decline of nearly 425.36 % from a net profit of Rs. 141.22 crores in June 2020. In June 2021, the reported operating profit was at Rs. 2,095.31 crores, which is also decreased by 1.17% as compared to an operating profit of Rs. 2,120.20 crores for the quarter ending in June 2020. From Rs. 2.78 in June 2020, the EPS of RBL Bank has reduced and reached (Rs. 7.68) per share in June 2021. RBLBANK’s stock closed at Rs. 170 on 17th August’2021 (NSE) and has returned -34.24% in the last six months and -7.36% in the previous year.

RBL Bank share price as on 27 Jul 2024 is Rs. 235.85. Over the past 6 months, the RBL Bank share price has decreased by 7.56% and in the last one year, it has increased by 5.62%. The 52-week low for RBL Bank share price was Rs. 209.05 and 52-week high was Rs. 300.7.