This mid-cap private bank stock could rise 22% in the long-term on earnings revival
Updated : January 24, 2020 06:28 AM IST
RBL Bank shares have corrected over 40 percent in the last one year, while the three-year return on the stock is also negative by over 12 percent.
RBL Bank’s business growth slowed down to 20 percent in the third quarter of FY20 from an average of over 30 percent in many previous quarters.
Shares of RBL Bank settled at Rs 339.50 apiece on BSE at close on Thursday.