The RBL Bank stock price took a sharp hit, dropping 14% on October 21 to reach its 52-week low, following the bank’s disappointing Q2 results. The private sector lender reported a significant 24% year-on-year decline in net profit, falling to ₹223 crore, mainly due to asset quality challenges in its credit card and microlending books. With investors concerned about the bank’s future performance, the RBL Bank share price hit an intraday low of ₹176.5 on the NSE during the trading session. RBL Bank Q2 results: net profit dropsRBL Bank’s Q2 results for the quarter ending September 30, 2024, revea…