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RBL Bank CEO shares views on private lender; stock price target at Rs 240, says Motilal Oswal Securities

RBL Bank: Motilal Oswal is expecting net interest income (NII) for RBL Bank to grow at a higher pace than loans at a 23 per cent compounded annually over FY23-FY25.

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RBL Bank shares jump 4% to 52-week high on Mahindra Group's likely stake purchase

RBL Bank s shares surged over 4% to reach a 52-week high of INR 233.70 on Wednesday following reports indicating Mahindra Group may have bought a 4% stake in the Indian private lender, a move seen as part of the automotive-to-hospitality conglomerate s strategic plans. ....

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RBL Bank shares trade at lower valuations. Can this stock gain post Q4 results?

RBL Bank's beat in 4QFY23 earnings was driven by lower provisions and said operating performance was in line with estimates, said Motilal Oswal Securities. This brokerage, however, has marginally cut earnings estimates.

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