Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, IndusInd top losers
• 5 years agoBank shares on Friday dropped up to 15 percent after Moody's Investors Service changed the outlook for the Indian banking system to negative from stable
RBL Bank says 'financially strong, well capitalised and no adverse change in asset quality'
• 5 years agoIn the aftermath of Yes Bank crisis, Private sector lender RBL Bank on Wednesday said it is "well capitalised" and there is no adverse change in its asset quality
RBL Bank, Zomato launch co-branded credit card offering cash back, loyalty membership benefits
• 5 years agoRBL Bank and Zomato on Monday launched a co-branded credit card, powered by Mastercard, in a bid to tap the potential of online food delivery market which has been expanding beyond big cities
Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani
Nimish • 5 years agoIn the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves
Sensex opens over 200 points higher, Nifty tops 11,600-mark; RIL, Infosys, TCS, Maruti among top gainers
Fp Staff • 6 years agoAfter hitting a high of 39,306.37 points, the Sensex pared some gains to trade 52.71 points, or 0.13 percent, higher at 39,142.74 at 0945 hours, while the broader Nifty advanced 13.40 points, or 0.12 percent to 11,613.60
Fintech platform Zeta secures C series investment from Sodexo; deal values company at $300 mn
Sulekha_nair • 6 years agoUntil now, Zeta has been funded till date by $40 million by co-founders Bhavin Turakhia and Ramki Gaddipati
RBL Bank shares tank nearly 14% despite private lender reports jump of 41% in Q1 net profit at Rs 267 cr
• 6 years agoAt the same time, given the strong momentum in the bank's businesses, RBL Bank expects to maintain a healthy profitable growth over the coming quarters, Ahuja said.
RBL Bank Q1 net profit jumps 41% to Rs 267 cr on higher fee income, fall in bad loans; shares down 13%
• 6 years agoRBL Bank on Friday reported a jump of 41 percent in June quarter net profit at Rs 267.10 crore on higher fee income and fall in bad loans
RBL Bank Q4 net profit jumps 39% to Rs 247 cr, income surges 41% to Rs 1,148 cr
• 6 years agoThe asset quality of the bank strengthened with the gross non-performing assets (NPAs) falling to 1.38 percent of gross advances as on March 2019 from 1.40 per cent in the year-ago period.
RBL Bank Q3 profit jumps 36% to Rs 225 crore on healthy margins and decline in bad loan proportion
• 6 years agoRBL Bank had registered a net profit of Rs 165.30 crore in October-December period of the previous financial year