🟢 RBL Bank is trading 4% up today after disclosing $3.4 billion in FCNR(B) deposits

RBL Bank is trading 4.02% up now at INR 405.05 after disclosing $3.4 billion in FCNR(B) deposits.

• The deposits were mobilized through the RBI’s concessional swap facility through August 31, 2026.
• Its international banking unit provided $1.08 billion in loans against them, with support from promoter Emirates NBD and affiliates.
• The disclosure is a material funding and liquidity update; coverage does not explicitly attribute the September 3 movement to it.