RBL Bank Ltd.

NSE: RBLBANK | BSE: 540065 | ISIN: INE976G01028 | Industry: Banks
| Turnaround Potential

324.60
4.04%
ICICI Securities Limited
Our meeting with RBL Bank’s (RBL) MD&CEO further cements our positive stance on RBL. We believe the proposed USD 3bn capital infusion (link) from Emirates NBD (ENBD) catapults RBL several notches up in terms of net worth, CET1, technology offering, funding competitiveness and distribution, thereby securing huge growth runway.
RBL Bank Ltd. is trading above all available SMAs
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