Shares of private banks, especially Yes Bank and RBL Bank, have drawn attention after Japan’s Sumitomo Mitsui Banking Corporation and UAE-based Emirates NBD acquired stakes in these Indian banks.
- Sumitomo Mitsui now holds 24.99% of Yes Bank, becoming its largest shareholder after purchasing additional shares from SBI and other consortium members.
- Emirates NBD signed an agreement to acquire 60% equity in RBL Bank for $3 billion (~₹25,000 crore), along with an open offer to buy up to 26% equity at ₹280 per share.
Market Performance: Private vs PSU Banks
Over the past eight months:
- Nifty PSU Bank index rose 35%, while Nifty Private Bank index increased 17%.
- Bank Nifty gained 19.4%, and Nifty 50 climbed 16.2%.
- Individual movers include RBL Bank (+89% since Feb 2025), Canara Bank, Indian Bank, Ujjivan Small Finance Bank, City Union Bank, Fino Payments Bank, AU Small Finance Bank, CSB Bank, The South Indian Bank, and Karur Vysya Bank (+35–55%).
RBL Bank Stock Outlook
- Current Price: ₹308
- Target: ₹372 (Upside 21.1%)
- Support Levels: ₹284, ₹274, ₹258
- Resistance Levels: ₹335, ₹360
RBL Bank is trading above its 100-Month Moving Average (100-MMA) for the first time at ₹284, which acts as a key bullish pivot. Additional support exists at ₹274 and ₹258.
Yes Bank Stock Outlook
- Current Price: ₹22.34
- Target: ₹33 (Upside 47.7%)
- Support Levels: ₹21.50, ₹19.75
- Resistance Levels: ₹24.34, ₹25.50, ₹27.50, ₹28.50
Yes Bank is testing its 20-Day Moving Average (20-DMA) around ₹22.15. A sustainable rally requires breaking and trading above ₹25.50, with interim resistance at ₹24.34.DCB Bank Stock Outlook
- Current Price: ₹141
- Target: ₹175 (Upside 24.1%)
- Support Levels: ₹136, ₹134.30, ₹130
- Resistance Levels: ₹145.50, ₹160
DCB Bank recently surged 13% on the daily chart. A weekly close above ₹145.50 could pave the way for gains toward ₹175, with interim resistance around ₹160.
Federal Bank Stock Outlook
- Current Price: ₹224
- Target: ₹250 (Upside 11.6%)
- Support Levels: ₹216, ₹203, ₹197
- Resistance Levels: ₹230.50, ₹240
Federal Bank continues trading above its 20-MMA since February 2021, reaching lifetime highs in October. Trend remains positive if it holds above support levels.
City Union Bank Stock Outlook
- Current Price: ₹222
- Target: ₹250 (Upside 12.6%)
- Support Levels: ₹202, ₹190
- Resistance Levels: ₹230, ₹236
City Union Bank is expected to trade positively above its support levels, with potential to rise to ₹250.
