Shares of private sector lender RBL Bank Ltd. are trading with gains on Wednesday, July 16, after the June quarter shareholding pattern revealed a notable increase in mutual fund holdings since March 2025. Mutual funds now hold a 29.2% stake in the stock, up from 15.3% in March.Foreign portfolio investors (FPIs) have also raised their stake to 17.6% in June, compared to 14.4% in March.
Meanwhile, retail investors have trimmed their holdings to 28.7% from 38.7% over the same period.
The stake held by foreign companies has declined to 3.5% in June 2025 from 7.4% in March.Recently, global brokerage firm Citi opened a 90-day positive catalyst watch on the RBL Bank stock. Citi maintained a ‘Buy’ recommendation on RBL Bank, and raised its price target to ₹285 from ₹230 earlier.
Meanwhile, retail investors have trimmed their holdings to 28.7% from 38.7% over the same period.
The stake held by foreign companies has declined to 3.5% in June 2025 from 7.4% in March.Recently, global brokerage firm Citi opened a 90-day positive catalyst watch on the RBL Bank stock. Citi maintained a ‘Buy’ recommendation on RBL Bank, and raised its price target to ₹285 from ₹230 earlier.
The foreign brokerage expects RBL Bank’s return on assets (RoA) trajectory to improve by 45-50 basis points driven by much awaited normalisation of credit cost.
RBL Bank shares are currently trading 2.13% higher on Wednesday at ₹268.88. The stock has jumped over 70% so far this year.
