RBL Bank: is investor frenzy over FCNR (B) deposits justified?
New Delhi, Sept. 14 -- RBL Bank stock hit a new 52-week high on Wednesday, and has gained nearly 9% in September so far to Rs.412.50. The rally comes after RBL raised Rs.32,472 crore in FCNR(B) deposits under the scheme, which ended on 31 August, wherein the Reserve Bank of India (RBI) covers the h…
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