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New Delhi. Amidst the turmoil in the Indian stock market, an 83-year-old private bank has come under the scrutiny of investors and leading brokerage firms. RBL Bank is experiencing significant changes following the entry of Emirates NBD, a bank controlled by the Dubai government and the royal family. Meanwhile, leading brokerage house Geojit Financial Services has released its latest report on RBL Bank shares, which is likely to captivate investors.

Brokerage gives ‘BUY’ tag, sets a high target price of ₹470

Brokerage firm Geojit has maintained its buy rating on RBL Bank stock. The brokerage has set a high target price of ₹470 for the stock. According to analysts, given the bank’s current market price, this target could provide investors with a bumper return of around 21 percent or more.

Quarterly Results Boost Analysts’ Confidence

According to market experts, RBL Bank delivered a strong financial performance in the first quarter (Q1 FY27) of the current financial year 2026-27. Brokerages are optimistic about the bank due to improved asset quality, strong loan growth, and stable net interest margin (NIM).

What is the 83-year-old bank’s ‘Dubai Connection’?

Established in 1943, Ratnakar Bank Limited is considered one of India’s oldest and most trusted private banks. A major turnaround in the bank’s fortunes came when Emirates NBD (ENBD), one of Dubai’s largest banking groups, initiated the process of acquiring a majority stake in it. The investment from this bank, which operates under the direct supervision of the Sheikh of Dubai and the royal family, has given RBL Bank global recognition and strong financial backing. Market experts believe that following this strategic deal, the bank’s management and business model are rapidly changing, which is expected to directly benefit its shareholders in the future.