ROBUST GROWTH IN PROFITS
RBL Bank BSE Code: 540065 CMP: ₹538
After having a dream run since the listing day, this private bank still looks a decent buy at the current levels. In the June quarter, bank’s loan growth stood at 40 per cent and gross non-performing assets at 1.46 per cent. With robust growth in profits, strong loan growth and better asset quality compared to its peers, this is a perfect bet to participate in the private banking story in India. Keep an eye on this stock as this stock could deliver decent returns.