RBL Bank has truly acknowledged its Q2 outcomes.
RBL Bank Q2 Results: Its net price of curiosity income climbs 9 p.c year-on-year to Rs 1,615 crore.
RBL Bank on Saturday reported a 24.15 p.c lower in its net income to Rs 223 crore for the September 2024 quarter, in comparison with Rs 294 crore a 12 months earlier. Its net price of curiosity income (NII), which is the excellence in between price of curiosity gained and price of curiosity used up, climbed 9 p.c year-on-year to Rs 1,615 crore.
Its net price of curiosity margin stood at 5.04 p.c, in keeping with a governing declaring.
RBL Bank’s gross NPA proportion inched roughly 2.88 p.c as on September 30, 2024, in comparison with 2.69 p.c as on June 30, 2024, and three.12 p.c on September 30, 2023.
Its net NPA proportion stood at 0.79 p.c as on September 30, 2024, as contrasted to 0.74 p.c as on June 30, 2024, and 0.78 p.c on September 30, 2023.
