Vol 24 , Issue 1 , January - June 2023 | Pages: 83-89 | Research Paper
Published Online: June 03, 2023
Author Details
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This case study discusses the management rejig in RBL Bank and its impact on the bank and its stakeholders such as shareholders, depositors, and staff. It includes the analysis of balance sheets, income statements, and cash flows to study the financial position of the bank. Financial position is found to be sufficiently stable and the Reserve Bank of India (RBI) is also supporting with the statement about the financial stability of the bank. Credit rating agencies will monitor things and may revise its rating. Although the share price tanked around 18 percent, many brokerage houses upgraded their recommendation on RBL Bank.
Keywords
Management Rejig, Share Price, Credit Rating Agencies.