Low opex and steady other income drive earnings

Company
29 Apr 2024
5 Min read 
  • RBL Bank reported strong financial performance in 4QFY24.
  •  NII grew 18% YoY to INR16b, while NIM moderated to 5.45%.
  •  Advances and deposit growth remained healthy.
  •  GNPA/NNPA ratio improved, while PCR declined.
  •  The bank anticipates a credit cost range of 2%.
  •  The text includes a mix of financial data and future estimates.
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