Wednesday, April 6, 2022

RBL Bank's gross advances up 3% at Rs 61,929 cr in FY22

 

Private area moneylender RBL Bank on Wednesday said its gross advances developed by 3% to Rs 61,929 crore in the last financial.

The bank had kept gross advances worth Rs 59,983 crore in FY21.

RBL Bank said the information is temporary, and it is being delivered in front of the authority declaration of the monetary outcomes for the quarter finished March 31, 2022.

The data is dependent upon endorsement by the review panel of the top managerial staff, the directorate and review by the legal evaluators of the bank, it added.

Retail propels declined 8% year-on-year yet grew 1% successively. Discount propels flooded 19% year-on-year and 6 percent on a quarter-on-quarter reason for the three months finished March 31, 2022, RBL Bank said.

Complete stores during FY22 (temporary) rose by 8% to Rs 79,005 crore, as against Rs 73,121 crore in FY21, the moneylender said.

The bank's CASA (current record investment account) stores rose by 20% to Rs 27,878 crore in FY22 from Rs 23,264 crore in FY21, it added.

The liquidity inclusion proportion (LCR) remained at 140% as of March 31, 2022, against 154 percent on March 31, 2021.

The load of RBL Bank exchanged at Rs 138.35 each on BSE, 2.19 percent down from its past close.

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