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Explained | The fundamentals of RBL Bank & the impact post change if guard

Explained | The fundamentals of RBL Bank & the impact post change if guard

BusinessToday.In
BusinessToday.In
  • New Delhi,
  • Jun 14, 2022,
  • Updated Jun 14, 2022, 5:53 PM IST

 

RBL Bank has been a laggard in trade after the appointment of R Subramaniakumar as Managing Director and CEO for a period of three years. The appointment comes after former MD and CEO Vishwavir Ahuja unexpectedly stepped down. Most analysts downgraded the stock noting that the appointment raises several questions. In his last role, Subramaniakumar served as administrator of Dewan Housing Financial Corporation. He also served as the MD and CEO of Indian Overseas Bank. Watch this short explainer by Aabha Bakaya, Senior Editor, BT TV as she takes you through the impact of the change at the helm and also the fundamentals on the company.

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