RBL BANK – RTN asia

RBL Bank reports strong Q2, provisions jump

2018-10-23 | Trisha Thomas

Mumbai-based RBL Bank reported a 48% jump in operating profit on strong growth in both interest as well as non-interest income. However, a near-doubling of provisions to Rs 140 cr (flat sequentially) prevented the full benefits from reflecting on the bottom line. The company’s overall interest income in the second quarter rose by Rs 372 […]

US Govt agency to help disburse loans to Indian SMEs

2016-10-07 | Roshan Ravi

RBL Bank and NeoGrowth Credit Pvt will provide loans to small and medium enterprises in the Indian retail segment that are excluded from mainstream funding and financing with the help of a US government agency. The funding will be backed by the Overseas Private Investment Corporation (OPIC) — a US Government organization that mobilizes private […]

Mahindra Finance Enters Co-Lending Pact with SBI to Boost Credit in Rural Areas Mahindra Finance has signed a strategic co-lending agreement with the State Bank of India (SBI) to provide affordable credit solutions,…

CARE Ratings Upgrades Yes Bank on Improved Opg Metrics Credit rating agency CARE Ratings upgraded Yes Bank's long-term debt instruments citing improved operating metrics, including the recent restructuring of…

Federal Bank Gets Credit Rating Upgrade From Care Ratings Care Ratings has upgraded the credit rating of Federal Bank's bonds from AA to AA+ on continued improvement in the…

Affordable Housing Finance Market Remains Crowded Amid Fierce Competition The affordable housing finance market in India continues to see healthy demand but faces intense competition, according to a new…

Major Decisions Taken By RBI MPC in October 2023 Meeting The Reserve Bank of India (RBI), the country's central bank and banking regulator, today announced major policy decisions taken at…

Voltas junks plan for NCD issue, to go for Rs 500 cr bank loan Voltas Limited has decided to raise funds through a rupee term loan instead of non-convertible debentures (NCDs) on a private…

Mid-Year Review: Top 10 stocks to watch out for in second half of 2023 While 2023 has been a wild ride for stock investors in India so far, market volatility doesn't mean that there…

15 Indian stocks that will benefit from 2024 general elections Stocks like L&T (top) and Ultratech (purple) have outperformed Nifty in the last one year The upcoming 2024 general elections…

RBI hikes UPI payment limit for education, hospitals Reserve Bank of India (RBI) increased the limits for certain types of transactions made through the popular Unified Payments Interface…

ICICI Bank closes in on credit card leader HDFC Bank ICICI Bank is emerging as a strong challenger for long-time leader HDFC Bank in India's credit card market, thanks to…