RBL Bank Q1 results: Net profit declines 46% to Rs 200 crore; NII...

Dununu.com Dununu

Commandité

RBL Bank Q1 results: Net profit declines 46% to Rs 200 crore; NII drops 13% to 1481 crore

RSS Feed Business

Posté

45

RBL Bank's profit declined in the June quarter. The bank reported lower net interest income. This was due to reduced net interest margins. However, other income increased. The bank strategically reduced its unsecured lending. It focused on secured retail loans. The bank expects improvement in the second half of the fiscal year. Gross non-performing assets increased during the quarter.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

‘Profoundly grateful’: Number of missing in deadly Texas floods drops from nearly 100 to 3; search operations to continue

Following devastating Texas floods, the number of missing in Kerr County has drastically reduced...

Par 0 11

Prithviraj called DQ and himself 'nepo-kids'- star kids in M'wood

Establishing oneself in any profession demands immense effort and perseverance—and the...

Par 0 14

George Floyd-style image: Punjab Police issues clarification after backlash over social media post; suspects cyber breach

Par 0 22

Congress rift deepens: K Muraleedharan criticises Shashi Tharoor's stand on Centre; bars him from events in Thiruvananthapuram

Par 0 22

Ashish speaks out against misogynistic abuse targeting Elli

A promotional stunt for Ashish Chanchlani and Elli AvrRam's music video 'Chandaniya' backfired,...

Par 0 26