RBL shares plunge, more weakness likely

RBL Bank lost as much as a quarter of its market value on Monday morning after the lender's chief executive Vishwavir Ahuja went on leave and the Reserve Bank of India appointed a director to the board over the weekend. The stock recouped some of its early losses following the central bank's statement that RBL's financial health remains stable.

from Economic Times https://ift.tt/3JoYbYa