{"id":19249,"date":"2023-12-26T08:52:30","date_gmt":"2023-12-26T03:22:30","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19249"},"modified":"2023-12-26T08:52:30","modified_gmt":"2023-12-26T03:22:30","slug":"relationship-between-nifty-and-rbl-bank-limited-2","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19249","title":{"rendered":"Relationship between Nifty and RBL Bank Limited."},"content":{"rendered":"<p><strong>Title :<\/strong> Relationship between Nifty and RBL Bank Limited.<\/p>\n<p><strong>Author :<\/strong> Riya Dsilva<\/p>\n<p><strong>Introduction:<\/strong> RBL Bank, formerly known as Ratnakar Bank, is an Indian private sector bank headquartered in Mumbai and founded in 1943. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations. The Bank has raised Rs. 8,600 crore of equity capital and Rs. 1500 crore of Basel III-compliant Tier II debt from 2010 to date.\u00a0It currently services over 14.31 million customers through a network of 528 branches.<\/p>\n<p><strong>Objective:<\/strong> To calculate beta and its significance.<\/p>\n<p><strong>Views &amp; Reviews:<\/strong> 1) <u>R Subramaniakumar CEO RBL Bank<\/u> : Bank is growing in 2 niche areas- credit card and microfinance. RBL bank is the 6<sup>th<\/sup> largest credit card issuers in the country and bank will continue to maintain leadership position in that by expecting a growth of 17% in future. Banks growth in advances for FY 26 will not be less than 20%. Growth in wholesale banking will be flattish. SME banking will grow between 15-17%.<\/p>\n<p>2) <u>Ravi Pichan CIO RBL Bank<\/u> : \u00a0Bank has made a lot of investments in digital infrastructure &amp; platforms over the past several years. RBL Bank is a believer that UPI is going to scale massively, and bank has lot of capabilities to be a part of this revolution.<\/p>\n<p><strong>Data Collection:<\/strong> The data for the period of 1year (from 01-11-2022 to 31-10-2023) has been downloaded from the NSE site. Friday closing price has been calculated. Weekly returns of Nifty is \u201cx\u201d and of Equity is \u201cy\u201d and it has been calculated.<\/p>\n<p><strong>Data Analysis :<\/strong> The following equation RBL=-0.931+ 0.696(Nifty 50) shows the relationship between Nifty 50 and RBL Bank.<\/p>\n<p>\u00a0RBL Bank is dependent variable &amp; Nifty 50 is an independent variable. The co-efficient of Nifty 50 is 0.15. The positive sign means if Nifty rises by 1 unit, the equity rises by 15%. t- stat for b(coefficient of Nifty) is 1.07 and the \u201cp\u201d value is 0.28. No.of observations is 50.<\/p>\n<p><strong>Conclusions: <\/strong>Here, as the beta is less than 1 i.e. 0.696, so it is better for long term investment.<\/p>\n<p><strong>References:<\/strong> <a href=\"https:\/\/cio.economictimes.indiatimes.com\/news\/next-gen-technologies\/rbl-banks-cio-ravi-pichan-highlights-impact-of-data-and-payments-innovation-in-banking\/105976910\">RBL Bank&#8217;s CIO Ravi Pichan highlights impact of data and payments innovation in banking, ET CIO (indiatimes.com)<\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title : Relationship between Nifty and RBL Bank Limited. Author : Riya Dsilva Introduction: RBL Bank, formerly known as Ratnakar Bank, is an Indian private sector bank headquartered in Mumbai and founded in 1943. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=19249\">Continue reading <span class=\"screen-reader-text\">Relationship between Nifty and RBL Bank Limited.<\/span><\/a><\/p>\n","protected":false},"author":139066,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19249","post","type-post","status-publish","format-standard","hentry","category-finance","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/139066"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19249"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19249\/revisions"}],"predecessor-version":[{"id":19250,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19249\/revisions\/19250"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19249"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}