August 2, 2021

RBL Bank - Q1FY22

 


Net Interest Income (NII) at Rs 969.50 cr down by 6.9% V/s Rs. 1041.3 cr Y-o-Y due to provisions shot up by 185% and drop in net interest income.

Quarterly Net Loss at Rs. 459.47 cr down by 425.36% V/s Rs. 141.22 cr Y-o-Y.

Operating Profit stands at Rs. 807.45 cr up by 17.07% V/s Rs. 689.72 cr Y-o-Y.

Its total income grew by 4.9% to ₹2,720.5 cr V/s ₹2,592.73 cr Y-o-Y.

Other income, however, up by 108% Y-o-Y to ₹695 cr .

Provisions shot up to ₹1,425.67 cr V/s ₹500.16 cr Y-o-Y.

Gross non-performing assets rose to ₹2,911.28 cr (4.99%) V/s gross NPAs compared to 3.45%Y-o-Y.

 Net NPAs 2.01% of net advances V/s 1.65%Y-o-Y. 

On a sequential basis, it was lower than 2.12% as on March 31, 2021.

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