RBL Bank shares jump 4% after exceptional Q4 update, RBI’s approval for Emirates NBD’s 74% stake acquisition

RBL Bank shares rose sharply on Monday after strong Q4 business numbers and the RBI’s nod for Emirates NBD to acquire up to 74% stake in the bank. Robust deposits and loan growth boosted sentiment, with the lender crossing Rs 2.5 lakh crore in total business. Analysts remain positive amid exceptional momentum.

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