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RBLBANK RBL Bank News Story

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India's RBL Bank drops on weak quarterly earnings

** RBL Bank RATB.NS falls 2.1% to 257.69 rupees; among top pct losers on Nifty 500 index .NIFTY500, which is down 0.24%

** Private lender reports 46% y/y decline in Q1 net profit; net interest income drops 13%

** Net interest income is the difference between interest earned and paid

** Stock rated "buy" on avg; median PT is 220 rupees, per data compiled by LSEG

** YTD, RATB gains 63%

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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