RBL Bank rubbishes market rumours about its financial health

The bank has a capital adequacy ratio of 16.08% with Tier-1 at 15.02% which is higher than the prescribed regulatory requirement at 11.5% and 9.5% respectively. It claimed that there has been no material adverse change in the asset quality since it announced the December quarter earnings. RBL said that there had been no significant deposit withdrawals.

from Banking/Finance-Industry-Economic Times https://ift.tt/33oGR0Z