RBL Bank Refutes Claims of Talks with Zerodha for Client Onboarding

1 min read     Updated on 27 Oct 2025, 04:33 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

RBL Bank has issued a clarification denying reports of negotiations with Zerodha to onboard 160 million clients. The bank stated that the contents of a Financial Express article on this matter are incorrect. RBL Bank confirmed it routinely explores business opportunities but emphasized that these discussions don't necessarily require public disclosure. The bank assured compliance with SEBI regulations and committed to informing stock exchanges of any material events as required.

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*this image is generated using AI for illustrative purposes only.

RBL Bank has issued a clarification regarding a recent news article that claimed the bank was in negotiations with Zerodha to onboard 160 million clients. The bank has categorically denied these reports, stating that the contents of the article published in the Financial Express on October 25, 2025, are incorrect.

Key Points of RBL Bank's Clarification

  • Denial of Specific Claims: RBL Bank has explicitly stated that the contents of the Financial Express article titled 'RBL in talks to onboard 160 million Zerodha clients' are false.

  • Routine Business Practices: The bank acknowledged that it regularly explores various business and partnership opportunities as part of its growth strategy. However, it emphasized that these routine discussions do not necessarily warrant public disclosure.

  • Compliance with Regulations: RBL Bank affirmed its commitment to adhering to the highest standards of governance and disclosures. The bank assured that it complies with all applicable provisions of Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

  • No Undisclosed Information: In response to inquiries about recent trading movements, RBL Bank confirmed that it is not aware of any undisclosed information that could explain such market activity.

  • Transparency Commitment: The bank stated that it would keep the stock exchanges informed of any material events as required under the LODR Regulations.

Market Impact and Regulatory Response

The clarification came in response to an inquiry from the BSE (Bombay Stock Exchange) regarding the news report. This prompt response demonstrates the regulatory bodies' vigilance in monitoring market-moving news and the importance of accurate information in the financial markets.

RBL Bank's swift action in addressing the speculative report underscores the critical nature of information integrity in the banking and financial services sector. It also highlights the potential impact that unverified news can have on market perceptions and stock movements.

Note: This article is based on the latest available information and official statements from RBL Bank. Investors are advised to rely on official communications from the bank and regulatory bodies for making informed decisions.

Historical Stock Returns for RBL Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%+1.79%+16.49%+59.29%+86.92%+85.18%
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RBL Bank Shares Dip 3.3% Following Surge on Emirates NBD Investment Announcement

1 min read     Updated on 23 Oct 2025, 12:34 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

RBL Bank shares fell 3.3% to ₹313.90 on Wednesday, following a 12% surge the previous day. This volatility comes after Emirates NBD announced plans to invest up to ₹26,853.00 crore for a 60% stake in RBL Bank. The deal involves issuing 96 crore new equity shares at ₹280.00 per share. RBL Bank's recent quarterly results showed mixed performance with expanded net interest margin but a 20% year-over-year decline in profit after tax. Despite the recent dip, the stock has gained 101.50% year-to-date.

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*this image is generated using AI for illustrative purposes only.

RBL Bank shares experienced a downturn on Wednesday, dropping 3.3% to ₹313.90, following a significant surge of nearly 12% in the previous session. The volatility comes in the wake of Emirates NBD's announcement of a substantial investment in the bank.

Investment Deal Details

Emirates NBD plans to invest up to ₹26,853.00 crore to acquire a 60% stake in RBL Bank. The deal structure involves:

Detail Value
Investment Amount Up to ₹26,853.00 crore
Stake to be Acquired 60%
Share Price for Preferential Issue ₹280.00
New Equity Shares Approved 96 crore

The bank's board has approved the issuance of 96 crore new equity shares through a preferential allotment at ₹280.00 per share.

Recent Financial Performance

RBL Bank recently reported its quarterly results, showing mixed performance:

Metric Performance
Net Interest Income Met estimates
Net Interest Margin Expanded to 4.51%
Pre-Provision Operating Profit Grew (due to reduced operating expenses)
Profit After Tax Declined 20% year-over-year

The decline in profit after tax was attributed to higher provisions.

Stock Performance

Despite the recent dip, RBL Bank's stock has shown strong performance over various time frames:

Time Period Gain
Past 5 trading sessions 4.50%
Past month 18.20%
Past 6 months 65.90%
Year-to-date 101.50%

The recent fluctuations in RBL Bank's stock price reflect the market's reaction to the significant investment announcement and the bank's latest financial results.

Historical Stock Returns for RBL Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%+1.79%+16.49%+59.29%+86.92%+85.18%
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