Federal Bank Q3 earnings: Net interest income (NII) for the quarter came in at Rs 2,123 crore, up 8.48 per cent YoY over Rs 1,957 crore in the corresponding quarter last year.
In the case of RBL Bank, the RBI gave approval to ICICI Prudential Life Insurance Co Ltd, along with ICICI Prudential AMC. RBL Bank informed stock exchanges about the RBI grant in a filing post market hours of Thursday.
RBL Bank share price today: RBL Bank shares climbed 5.67 per cent to hit a high of Rs 284.20 on BSE. RBL Bank in a filing to BSE said the RBI has given its approval to ICICI Pru AMC Ltd and ICICI Pru Life to acquire the stake within one year.
Federal Bank has been moving within a range and is seeing resistance near the Rs 152 level for quite some time. The stock has near-term support at Rs 143, which is also where the significant 50-EMA lies.