Industry Profile: As per the Reserve Bank of India (RBI), India’s banking sector is sufficiently capitalized and well-regulated. The financial and economic conditions in the country are far superior to any other country in the world. Credit, market, and liquidity risk studies suggest that Indian banks are generally resilient and have withstood the global downturn well. The Indian banking industry has recently witnessed the roll-out of innovative banking models like payments and small finance banks. RBI’s new measures may go a long way in helping restructure the domestic banking industry. The digital payments system in India has evolved the most among 25 countries, with India’s Immediate Payment Service (IMPS) being the only system at level 5 in the Faster Payments Innovation Index (FPII).
The Indian banking system consists of 27 public sector banks, 26 private sector banks, 46 foreign banks, 56 regional rural banks, 1,574 urban cooperative banks, and 93,913 rural cooperative banks and cooperative credit institutions. Public-sector banks control more than 70 percent of the banking system assets, leaving a comparatively smaller share for their private peers. Hence, banking for the unbanked is one primary target for the central govt and RBI.
Company Profile: RBL bank is one of the fastest-growing banks in India, majorly present in small but growing all over India. The Bank offers specialized services under six business verticals: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Agri-Business Banking, Development Banking, and Financial Inclusion, and Treasury and Financial Markets Operations. It currently services over 3.98 million customers through a network of 265 branches and 388 ATMs spread across 20 Indian states and Union Territories. the bank was recently listed on Both BSE and NSE.
Shareholding pattern: BSE Data
Financials and ratios : [table id=128 /]
Future prospectus: The company, even though the fastest-growing company, the market is giving it a very high valuation. There are some excellent management people, and People like HDFC and Motilal Oswal are holding it, but I believe that the company can have Return on Assets above 1%. Getting four times book value is nonsense. Yes. They bought RBs business in India. The future is excellent.
27 December 2021. After RBI action and Vishwavir Ahuja received only 1 Year, It was clear That something was not correct. So we are keeping an eye on the bank.