 "RBL bank")
Private sector lender RBL Bank has doubled its net profit in the October–December quarter (Q3) of FY21 to Rs 147 crore, from Rs 70 crore in the year-ago period in FY20, driven by other income and low operating costs. The bank earned its highest ever operating profit at Rs 805 crore in the reporting quarter, up 12 per cent from a year ago.
Its net interest income (NII) was down 2 per cent year-on-year in the reporting quarter to Rs 908 crore, from Rs 923 crore in the year ago period due to interest reversals, but other income was up
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