RBL Bank shares hit 10% lower circuit as Q2 PAT declines 24% YoY. Should you invest?
- Posted on October 21, 2024
- By Business News Today
- 2 Views
RBL Bank shares hit 10% lower circuit as Q2 PAT declines 24% YoY. Should you invest?
Meanwhile, the bank also reported a 24% YoY growth in its operating profit to Rs 910 crore for the reporting period. On a half-yearly basis, RBL Banks net profit also witnessed an increase of 2% YoY to Rs 594 crore and the NIMs were reported at 5.35%.
