CARE reaffirms rating of RBL Bank Ltd

CARE Ratings Limited has reaffirmed the rating of CARE AA- (Stable) for the enhanced Basel III Compliant Tier II bonds programme of RBL Bank Ltd. The rating amount has been enhanced from Rs. 100 crores to Rs. 800 crores.

Shares of RBL Bank Ltd was last trading in BSE at Rs.510.05 as compared to the previous close of Rs. 510.2. The total number of shares traded during the day was 54999 in over 940 trades.

The stock hit an intraday high of Rs. 514 and intraday low of 509. The net turnover during the day was Rs. 28106582.

Source : Equity Bulls

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