RBL Bank inches up on partnering with BookMyShow to launch ‘Play’ credit card

RBL Bank is currently trading at Rs. 123.85, up by 0.10 points or 0.08% from its previous closing of Rs. 123.75 on the BSE.

RBL Bank
RBL Bank

The scrip opened at Rs. 123.10 and has touched a high and low of Rs. 125.10 and Rs. 120.85 respectively. So far 649174 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 221.20 on 10-Nov-2021 and a 52 week low of Rs. 74.15 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 125.10 and Rs. 118.90 respectively. The current market cap of the company is Rs. 7428.03 crore.

The Institutions and Non-Institutions held 40.50% and 59.50%, stake in the Bank respectively.

RBL Bank and BookMyShow have entered into a partnership to launch a new ‘Play’ credit card that will take the entertainment quotient for Indian audiences several notches higher. Previously, in 2016, RBL Bank had successfully partnered with BookMyShow for the launch of Fun Plus Credit Card.

The ‘Play’ credit card will be available to select customers on BookMyShow and give them access to lucrative offers on transactions across movies, live entertainment offerings (online and offline), as also binge-watching movies and TV series on BookMyShow Stream by renting or buying a title, while enjoying benefits with every purchase made.

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.

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