Private sector lender Federal Bank posted a 54% rise in its profit at ₹804 crore in the third quarter ended December 2022 (Q3FY23), on higher net interest income and improved asset quality. The bank had posted a net profit of ₹522 crore in the same quarter a year ago. The bank’s net Interest Income (NII), […]
RBL Bank Shares Fall 23% Today: What Led to this Drop and What’s Next? Details Here
The RBL Bank share price reached the lowest record of RS 87.60 because it fell nearly 23 percent on BSE in the intra-day-to-day trade after the Bank of India (RBI) approved the appointment of Rramaniakumar R Subramaniakum as the Director of Implementing & Head of Ranik Executive (MD & CEO) from private sector lender. “… […]