RBL Bank - A Clean up Act in 3Q; to Continue in 4Q
We trim FY25/26E/27E earnings 33%/12%/7%, building in slower growth/higher LLP, but retain BUY; we cut TP to Rs225 (valuing at 0.8x Dec-26E ABV) vs...
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RBL Bank - BFL Co-Branded Partnership Ends
Bank will gradually ramp-up card acquisition via organic and other partnerships and expects to reach the previous run-rate by early next year.
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RBL Bank - RBK and BFL Mutually End Co-Branded Credit Card Partnership
The partnership with BFL has sourced 3.4m co-branded cards and these cards will continue to operate as usual, with cardholders retaining full...
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RBL Bank - RBL Snaps Co-Branded Credit Card Tie-Up
RBL Bank (RBL) has snapped its long-standing co-branded credit card ties with Bajaj Finance (BFL).The parting of ways is due to significant change...
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RBL Bank: End of a Fruitful Partnership, Tougher Times Ahead. Maintain REDUCE
RBL Bank (RBK) announced termination of its co-branded credit card sourcing arrangement with Bajaj Finance (BAF), citing material changes to...
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