The latest development comes at a time when investors are closely monitoring liquidity conditions, deposit growth, credit demand and the ability of banks to maintain profitability while expanding their balance sheets.
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India's proposed policy for importing refurbished medical devices continues to remain under discussion, nearly a year after the Centre constituted an interministerial committee to examine the issue and frame appropriate guidelines.
The rise marks an important change in the city's property market. Redevelopment is no longer limited to individual ageing buildings or isolated housing societies.
The stock crossed its previous 52-week high of ₹397.95, recorded on August 24, and extended its winning streak to three consecutive sessions. During this period, RBL Bank shares have gained around 8 per cent.
The Nifty Bank index climbed as much as 1.01 per cent to 57,753.60 before moderating some of its gains. At the latest available level, the index remained around 0.70 per cent higher at 57,571.20, with most constituents trading in positive territory.
Shares of Hexaware Technologies came under pressure after the IT services company announced a change in its top leadership, with the stock declining as much as 4.5 per cent during Thursday's trading session.
The stock was trading around ₹209 in the latest market update after gaining during the session, keeping the brokerage's target significantly above the prevailing market price.
The Nifty 50 ended at 23,914.45, while the Sensex closed at 76,570.35, declining around 0.5 per cent. The selling was broad-based, with auto, information technology and FMCG stocks among the major laggards.