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RBL Bank tumbles nearly 14% post Q1 nos as lender signals challenges ahead
For the June quarter, RBL Bank posted a 41 per cent year-on-year (YoY) rise in net profit or PAT (profit after tax) at Rs 267.1 crore. Sequentially, the numbers grew 8 per cent.
RBL Bank's Q1 result meets estimates; profit up by 35% to Rs 1.9 bn
The bank's provision coverage ratio grew by 250 bps over the previous quarter to 60.41 per cent
RBL Bank Q1 profit surges 35% to Rs 1.9 billion, revenue up by 30%
RBL Bank's gross non performing assets (NPAs) decreased to 1.40%
RBL Bank net profit up 45% to Rs 141 crore in June quarter
Rises from Rs 97 cr in the year-ago quarter, backed by an increase in interest and other income
