Categories: BUSINESS

RBL Bank net profit up 234% at Rs 230 crore

RBL Bank’s net profit surged by a remarkable 234% to Rs 230 crore in the March quarter, fueled by robust income growth and a significant reduction in provisions. The bank witnessed a healthy 7% rise in total income, supported by strong advances and deposit expansion. Asset quality also showed marked improvement, with gross NPAs falling substantially.
Sumitra

Share
Published by
Sumitra
2 months ago

Recent Posts

Countries protecting domestic industries, India no exception: Piyush Goyal on global trade

India navigates global trade challenges by fostering dialogue and partnerships, even as nations increasingly protect…

13 hours ago

Seeds of change: How India’s agriculture went high-output in 12 years

India's agriculture sector has seen remarkable growth over the past decade, fueled by increased government…

13 hours ago

AI windfall for the public? Trump signals shake-up for tech giants

US President Trump is pushing for major AI firms to "give back" to the public,…

2 days ago

Markets dumped India for AI stars. BlackRock says that’s a mistake

BlackRock believes India's equity market is unfairly penalized for its limited direct AI exposure and…

2 days ago

Bond market push: Govt eyes Bloomberg index inclusion with latest G-Sec reforms

3 days ago

Rupee gains 20 paise to settle at 95.41 against US dollar

3 days ago