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RBL Bank maintains FY20 guidance, says it is adequately capitalised
March 11, 2020 | By Moneycontrol.com
business
The bank maintained its guidance for FY20 and said termed reports of any material adverse change in its asset quality after it announced its Q3 results on January 22 as untrue
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After the debacle at Yes Bank and rumours that RBL Bank could be next, the management said in a statement that it is adequately capitalised. "The bank has a capital adequacy ratio of 16.08 percent with Tier I at 15.02 percent, which is significantly higher th
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