RBL Bank shares slump today. What brokerages say on the stock?

Shares of bank plunged as much as 23%, hitting a day’s low of ₹133 apiece on the BSE in Monday’s early deals after a slew of concerning developments over the weekend. RBL Bank’s Vishawvir Ahuja has stepped down as MD & CEO, and the bank has appointed Rajeev Ahuja as as the interim Managing Director and Chief Executive Officer. In a surprising turn of events, the Reserve Bank of India (RBI) has also appointed its Chief General Manager Yogesh K Dayal as an additional director on the board of RBL Bank. Brokerage house…

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