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RBL stock tanks over 22% as Street weighs new CEO's 'compatibility' | Economic Times

RBL stock tanks over 22% as Street weighs new CEO's 'compatibility' https://ifttt.com/images/no_image_card.png"Although RBL Bank has addressed the investors' concern over asset quality trend and stability of liability franchise to a great extent over the last two quarters, the appointment of a PSU career banker as MD & CEO looks disappointing prima facie," said Asutosh Mishra, head of research, Ashika Institutional Equity, while suspending coverage on the bank until further clarity.
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