The shares of Indian private sector banks gained up to 2 percent from the intraday high after the foreign institutional investor bought 36,39,399 equity shares in the company via bulk deal.
Price Movement
With a market capitalization of Rs 12,451.46 crore, the shares of RBL Bank Ltd were trading at Rs 204.80 per share, decreasing around 1.06 percent as compared to the previous closing price of Rs 207.05 per share.
Reason for Rise
According to the exchange, a foreign institutional investor, Societe Generale, bought 36,39,399 equity shares in the company via a bulk deal at an average of Rs 203.99. This transaction is valued at Rs 74.24 crore
Financial Growth
Looking forward to the company’s financial performance, revenue magnified by 4 percent from Rs 3,339 crore in Q4FY24 to Rs 3,476 crore in Q4FY25, Further, during the same time frame, net profit plummeted by 80 percent from Rs 353 crore to Rs 69 crore.
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Retail Growth
Retail advances rose 13 percent year-on-year, with secured retail advances soaring 43 percent YoY. Growth was driven by significant increases in rural vehicle finance, housing loans, and credit cards. By March 2025, total retail advances reached Rs 55,703 crore, reflecting a strong and diversified loan portfolio across various customer segments and products.
Distribution network
The distribution network spans India with 561 branches, 412 ATMs, and 1,472 BC branches by March 2025. Customer count peaked at 16.06 million in September 2024 before dipping to 15.48 million. The bank continues expanding its presence in metros, urban, semi-urban, and rural regions through multi-layered channels.
Company Overview
RBL Bank Limited (the Bank) is an India-based private sector bank. The Bank offers specialized services under five business verticals: Corporate Banking (C&IB), Commercial Banking (CB), Branch and Business Banking (BBB), Retail Assets, and Treasury and Financial Markets Operations.
Written by Abhishek Singh
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