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RBL Bank has written off Rs. 300 Cr loan within 7 months of being sanctioned. RBL Bank down by 8%

As per reports, RBL bank has written off a loan of Rs. 300 Crore within 7 months from the sanction of the loan. This seems to be a major reason for the sudden intervention of RBI.  RBI has appointed its person on the board of the lender as an additional director. The stock tumbled by …

RBL Bank has written off Rs. 300 Cr loan within 7 months of being sanctioned. RBL Bank down by 8% Read More »