RBL Bank surges on introducing two new credit cards
RBL Bank is currently trading at Rs. 314.50, up by 5.00 points or 1.62% from its previous closing of Rs. 309.50 on the BSE.
The scrip opened at Rs. 310.45 and has touched a high and low of Rs. 314.90 and Rs. 309.10 respectively. So far 57433 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 331.80 on 06-Nov-2025 and a 52 week low of Rs. 146.00 on 20-Jan-2025.
Last one week high and low of the scrip stood at Rs. 320.50 and Rs. 308.55 respectively. The current market cap of the company is Rs. 19251.20 crore.
The Institutions and Non-Institutions held 51.12% and 48.87% stake in the company respectively.
RBL Bank has launched its premium credit card segment and introduced two new credit cards, Lumiere and Nova, with a host of features. This launch marks a significant milestone in the bank's commitment to serve India's most discerning clientele. The new launches will help RBL Bank further its reach in this rapidly expanding segment. With these cards, the bank will help curate extraordinary experiences for a segment driven by rising high-net-worth individuals, increased urbanisation, and a globally aware young consumer base prioritising experiential luxury.
By-invitation, 18-gram metal card Lumiere, has been crafted exclusively for the discerning customer, keeping in mind their lifestyle and tastes. The annual membership fee for the metal card is Rs 50,000. Another metal card Nova is available at an annual membership of Rs 12,500. Both credit cards are powered by Mastercard.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.
