For the June quarter, RBL Bank posted a 41 per cent year-on-year (YoY) rise in net profit or PAT (profit after tax) at Rs 267.1 crore. Sequentially, the numbers grew 8 per cent.
The bank's provision coverage ratio grew by 250 bps over the previous quarter to 60.41 per cent
RBL Bank's gross non performing assets (NPAs) decreased to 1.40%
Rises from Rs 97 cr in the year-ago quarter, backed by an increase in interest and other income