After RBL bank’s total deposit increased by 11% to Rs 81,746 crore from December 2022 to December 2021, RBL Bank advanced 1.5% to Rs 182.65. Retail LCR deposits amounted to Rs 34,733 crore (up 25% YoY) as of the last month of last year.
CASA ratio was at 36.6% as on December 31, 2022, against 34.4% in 2021.
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The liquidity coverage ratio (LCR) stood at 144% as on December 31 2022. LCR, as on December 31 2021, was 146%. The bank’s gross advances increased by 14% to Rs 68,371 crore on December 31 2022, from Rs 59,967 crore recorded on December 31 2021.
India’s fastest-growing private sector bank is RBL Bank, with an expanding presence worldwide. RBL bank has 507 branches and 1,204 business correspondent branches, of which 289 are banking outlets at the end of September 2022.
In Q2FY23, the bank reported a net profit of Rs 201.55 crore, higher than Rs 30.80 crore posted in Q2 FY22. Total Income rose 7.5% to Rs 2,758.98 crore in July-September of FY23 compared to Rs 2,567.65 crore recorded in July-September of FY22.
