Agencies has buy call on RBL Bank with a target price of Rs 160. The current market price of . is Rs 149.6. Ltd., incorporated in the year 1943, is a banking company (having a market cap of Rs 8974.74 Crore).
RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 2848.31 Crore, up 1.13 % from last quarter Total Income of Rs 2816.52 Crore and up 8.34 % from last year same quarter Total Income of Rs 2629.08 Crore. The bank reported net profit after tax of Rs 187.51 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 28.5 per cent, DIIs 11.63 per cent.
RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 2848.31 Crore, up 1.13 % from last quarter Total Income of Rs 2816.52 Crore and up 8.34 % from last year same quarter Total Income of Rs 2629.08 Crore. The bank reported net profit after tax of Rs 187.51 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 28.5 per cent, DIIs 11.63 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.