{"id":95946,"date":"2018-10-23T14:01:36","date_gmt":"2018-10-23T14:01:36","guid":{"rendered":"http:\/\/www.bnreport.com\/rbl-bank-q2-profit-rises-36-to-rs-205-cr\/"},"modified":"2018-10-23T14:01:36","modified_gmt":"2018-10-23T14:01:36","slug":"rbl-bank-q2-profit-rises-36-to-rs-205-cr","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/rbl-bank-q2-profit-rises-36-to-rs-205-cr\/","title":{"rendered":"RBL Bank Q2 profit rises 36 % to Rs 205 cr"},"content":{"rendered":"

NEW DELHI: Private sector RBL Bank<\/a> Tuesday reported a 36 per cent rise in its September quarter profit to Rs 204.54 crore backed by rise in interest income. The bank had earned a net profit of Rs 150.62 crore in the same quarter a year ago. <\/p>\n

Its core net interest income rose 41 per cent to Rs 592.97 crore, while the non-interest income was up 38 per cent Rs 333.11 crore. <\/p>\n

On assets quality front, it reported a marginal decline in the gross non-performing assets (NPA) at 1.40 per cent from the 1.44 per cent in the year-ago period. Even the net NPA improved to 0.74 per cent as against 0.78 per cent at the September-end 2017. <\/p>\n

The bank's growth in advances portfolio rose by a 37 per cent on year-on-year basis, RBL Bank said in a statement. <\/p>\n

"The net advances as at September 30, 2018 were Rs 45,872.66 crore as against Rs 33,576.01 on September 30, 2017, with all-round growth observed in all business segments," it said. <\/p>\n

The net interest margin of the bank expanded to 4.08 per cent from the 3.74 per cent in the year-ago period, it said. <\/p>\n

The capital adequacy ratio on September 30, 2018 was 13.12 per cent and Tier-1 capital adequacy ratio was 11.84 per cent, significantly higher than the regulatory requirements, it said. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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NEW DELHI: Private sector RBL Bank Tuesday reported a 36 per..<\/p>\n","protected":false},"author":1,"featured_media":95947,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-95946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nRBL Bank Q2 profit rises 36 % to Rs 205 cr - Business News Report<\/title>\n<meta name=\"description\" content=\"NEW DELHI: Private sector RBL Bank Tuesday reported a 36 per..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/rbl-bank-q2-profit-rises-36-to-rs-205-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBL Bank Q2 profit rises 36 % to Rs 205 cr - 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