RBL Bank Gains Around 2% After Reporting March Quarter Results

0
28


Shares of RBL Bank have been final buying and selling 1.35 per cent greater at Rs 184.20 on the BSE.

Share worth of RBL Bank at this time gained round two per cent on Wednesday, May 5, a day after the financial institution introduced its January-March quarter outcomes for the monetary 12 months 2020-21. On Wednesday, RBL Bank opened on the BSE at Rs 179.45, registering an intra day excessive of Rs 186.75 and an intra day low of Rs 179.45, within the buying and selling session to this point. According to a regulatory submitting by the financial institution to the inventory exchanges, the personal sector financial institution reported a web revenue of Rs 75 crore within the March quarter, marking a 34 per cent year-on-year decline.

According to the assertion, RBL Bank web curiosity revenue or NII within the fourth and final quarter of the monetary 12 months 2020-21 fell 11 per cent year-on-year to Rs 906 crore. The lender’s web revenue and web curiosity revenue have been beneath the estimates of analysts.

On the NSE, RBL Bank opened at Rs 180.25, touching an intra day excessive of Rs 186.90 and an intra day low of Rs 180.25, within the session to this point. It was final buying and selling 1.43 per cent greater at Rs 184.35 on the NSE.

Shares of RBL Bank have been final buying and selling 1.35 per cent greater at Rs 184.20 on the BSE.



Source hyperlink