RBL Bank Soars 36% On Debut, Market Cap Crosses Rs 11,000 Crore

RBL Bank made a stellar debut in markets on Wednesday, with the stock surging nearly 36 per cent to Rs 305.50 against its issue price of Rs 225. The private lender's market valuation currently stands at over Rs 11,000 crore. RBL Bank's listing is the first by an Indian bank in six years. RBL Bank is the latest on a long list of companies that have returned spectacular listing gains to investors over the last few months. A spark rall...