Tag: RBL Bank press statement

Amid Yes Bank crisis, RBL Bank releases statement

The management of RBL Bank addresses the prevailing concerns around the bank which is based on misinformation, and warrants clarification. RBL Bank Is Well Capitalized: As per the statement, the Bank remains adequately capitalized with a capital adequacy ratio of 16.08% with Tier-1 at 15.02% (Significantly higher than the prescribed regulatory requirement at 11.5% and…