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RBL Bank says it is well capitalised; shares rally 9%

RBL Bank says it is well capitalised; shares rally 9%

Wednesday, March 11, 2020, 2:39 PM

Shares of RBL Bank advanced over 9 per cent in Wednesday's trade after the private sector lender said it is "well capitalised" and there is no adverse change in its asset quality. "The management of RBL Bank wishes to address the prevailing concerns around the bank, which is based on misinformation, and warrants clarification," it said in a statement.
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