Poket News

RBL Bank financial position remains satisfactory

 

  • The Reserve Bank of India (RBI) has clarified that RBL Bank is well capitalised and the financial position of the bank remains satisfactory and there is no need for depositors and other stakeholders to react to speculative reports related to banks.
  • In its notification, the Central Bank further stated that as per half-yearly audited results as on 30th of September, the bank has maintained a comfortable Capital Adequacy Ratio of 16.33% and Provision Coverage Ratio of 76.6%.