RBL Bank’s financial health stable, says RBI; stock slides 18%
The Hindu
Lender well-capitalised, liquidity coverage ratio higher than required: regulator
The Reserve Bank of India (RBI) on Monday said the financial position of RBL Bank Ltd. remains ‘satisfactory’ and that depositors need not worry.
“There has been speculation relating to RBL Bank Ltd. in certain quarters, which appears to be arising from recent events surrounding the bank,” the RBI said in a statement.
On Monday, the bank’s stock plunged 18.3% to ₹140.90 on the BSE.
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