Check out this PSU Bank which may replace RBL Bank in Nifty Bank index
Mon, Dec 27, 2021 5:24 PM

Check out this PSU Bank which may replace RBL Bank in Nifty Bank index

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Even though the Reserve Bank of India (RBI) clarified that RBL Bank is financially stable, the pressure on its shares may not ease. The stock is likely to see more outflows in the coming months. Edelweiss Securities said the lender could be excluded from the coveted Nifty Bank index. The Bank of Baroda has a high probability of taking its place in the sectoral index.

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