Updated Apr 22, 2025 11:25 IST
Block deal in RBL Bank: 4.3% shares change hands; share price falls (Pic: Shutterstock/ ET NOW)
As many as 6.36 crore share of the bank changed in the first 15 minutes of trade.
RBL Bank shares today fell after five days of consecutive gains. The stock is currently trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
RBL Bank has announced that its board will meet on April 25 to approve the quarterly results (Q4 results FY2025). The private bank’s board will also take up a proposal for declaring a dividend payment for shareholders in the same meeting.
“RBL Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/04/2025 ,inter alia, to consider and approve The meeting of the Board of Directors of RBL Bank Limited is scheduled to be held on Friday, April 25, 2025 to consider and approve the Audited standalone and consolidated financial results of the Bank for the quarter and financial year ended March 31, 2025 and to consider the proposal for recommendation of dividend, on the equity shares of the Bank for the financial year ended March 31, 2025,” the private lender said in a statement to BSE.
RBL Bank is a constituent of BSE 500 index and commands a market cap of Rs 11442 crore. RBL Bank shares price climbed 19 per cent in 2025 so far while the counter has declined 27 per cent in the last one year. In two, three and five years, the private lender’s shares have yielded a return of 28 per cent, 52 per cent and 79 per cent, respectively.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
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