Archive · 2 Jul 2025

RBL Bank Shares Drop 4% After Stake Denial and Poor Earnings

RBL Bank Shares Drop 4% After Stake Denial and Poor Earnings

RBL Bank's stock price went down by over 4% on Wednesday after the bank responded to a news report.

The news claimed Emirates NBD Bank might buy a part of RBL Bank, which RBL denied.

The bank's profits decreased significantly.

However, some financial analysts think the bank will do better in the future, and have adjusted their ratings and price targets for the stock, suggesting the bank is poised for a recovery, as business growth gains traction.

The bank's earnings also show that expenses have increased, impacting the bank's profitability in the short term.

Sources