RBLBANK

28.01.2022 - CS on RBLBANK Maintain Underperform CMP 153.40 Target 135 (PREVTGT 180)
28.01.2022 - CLSA on RBLBANK Maintain Buy CMP 153.40 Target 200
27.12.2021 - CLSA on RBLBANK Maintain outperform - Target 200
27.12.2021 - Investec on RBLBANK Maintain Buy CMP 173 - Target 295
27.12.2021 - ICICI SEC on RBLBANK Downgrade Sell CMP 173 - Target 130
27.12.2021 - CLSA on RBLBANK Maintain outperform CMP 173 - Target 200

INVESTEC ON RBL BANK : 27.12.2021

• Rating for RBL Bank is under-review
* RBI inducts board member & forces CEO change
• RBL has strong capitalization vs other previous instances of RBI intervention
• New management reiterates guidance & continuity of BAF partnership
* Recommendation changed to under review (from BUY)