Latest News | RBL Bank's Gross Advances Rise 5 Pc to Rs 59,941 Cr by Dec-end
Get latest articles and stories on Latest News at LatestLY. RBL Bank on Wednesday said its gross advances grew five per cent year-on-year to Rs 59,941 crore as of December 31, 2021.
New Delhi, Jan 5 (PTI) RBL Bank on Wednesday said its gross advances grew five per cent year-on-year to Rs 59,941 crore as of December 31, 2021.
The bank said it is a provisional figure for Q3FY22.
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The private sector lender had gross advances amounting to Rs 57,092 crore by the corresponding period a year ago.
On a sequential basis, the gross advances jumped 3.5 per cent from Rs 57,939 crore at the end of September 30, 2021, RBL Bank said in a regulatory filing.
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The bank's retail advances were flat while wholesale advances grew eight per cent sequentially for the quarter ended December 31, 2021, it said without disclosing absolute figures.
The mix of retail to wholesale advances was about 53:47.
Shares of RBL Bank on Wednesday closed at Rs 132.70 apiece on the BSE, up 1.45 per cent from the previous close. HRS hrs
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)