RBL Bank has the required capital, no problem for stakeholders: Interim CEO.

Interim MD and CEO Rajeev Ahuja says the bank has the necessary financial strength and capital

RBL Bank: Rajiv Ahuja, newly appointed interim MD and CEO of RBL Bank, says that the bank has the necessary financial strength and capital. He does not have to raise capital anymore. He said this in an interview with CNBC-TV18.

Ahuja, however, declined to speculate on the reasons for Ahuja’s departure, saying the former MD and CEO of the world, and said the RBI was satisfied with the bank’s performance. He said he did not see any problem “sooner or later” for the bank’s stakeholders.

There have been two major changes in the bank recently

On Christmas day, the RBI has appointed Yogesh Dayal, chief general manager in charge of communications, as an additional director on the bank’s board. On the same day, the bank informed the exchanges that RBL Bank’s long-term MD and CEO Biswabir Ahuja had gone on immediate leave.

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Change in leadership is coming

Speculation about the bank’s financial health began after the sudden departure of Biswabir Ahuja. Rajiv Ahuja dismissed these concerns, saying that the level of leadership was changing and that risk-related issues had been raised from time to time.

The net profit of the bank will increase

He added that he was not aware that any investor was interested in buying a stake in the company. Ahuja said the bank’s net profit would increase in the December quarter and its net performing assets (NPAs) would be less than 2 per cent by the end of the March quarter.

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