The net interest margins rose to 4.23% in Q4FY19 from 3.98 per cent in Q4FY18
The expected increase in costs of deposits likely to offset margin gains from high-yield loan segments, say analysts
Net Interest Income up 40% to 655 crore; improvement in asset quality seen in better NPA ratios
With the bank growing its assets by over 30-35% quarter after quarter, it is constantly in need of capital
While the bank expects resolution on big-ticket loans by the next quarter, it remains cautious on its agricultural portfolio
Deposits for the quarter grew by 29% and advances grew by 38%
Currently, Swadhaar operates in 17 states and union territories through 242 branches
HDFC Life, ICICI Lombard, ABG Capital, CDC Group, Global IVY Ventures among key investors
Caution after 77% run-up this year
Thus far in 2017, RBL Bank and YES Bank outperformed the market by gaining more than 30%.
RBL Bank, DCB Bank, IndusInd Bank and Lakshmi Vilas rallied between 15% and 32% post Q3 results.
RBL Bank scrip rose by about 5% as it continued to rerate on positive December quarter results
The stock rallied 7% to Rs 393 after the bank reported a 59% YoY increase rise in net profit at Rs 129 crore in Q3FY17.
Net interest income up 45%; other income up 66% to Rs 182 cr; slight improvement in asset quality
Bank said it is a drive towards cashless loan disbursements, which otherwise is dominated by physical cash
Since October 19, post Q2FY17 results, the stock rallied 28%, as compared to unchanged in S&P BSE Sensex.
The stock was up 7% to Rs 334 after the bank reported 34% (YoY) jump in net profit at Rs 90 crore in Q2FY17.
The bank scrip closed with a gain of 1.41 per cent at Rs 312.75 a piece on the BSE
Utkarsh Microfinance is one of the 10 players that were granted an in-principle approval last year for small finance banks
Invested Rs 30 cr, partly exited with Rs 76.36 cr