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RBL Bank Q3 net profit declines 86% to ₹32.63 crore
The New Indian Express Vishakapatnam
|January 19, 2025
RBL Bank on Saturday reported an 86% year-on-year decline in its net profit to ₹32.63 crore in the third quarter of financial year 2025.
Sequentially, net profit declined 85%.
Net Interest Income (NII) for the quarter surged 3% YoY to ₹1,585 crore, net interest margin (NIM) was 4.90%. For 9MFY25, NII of the bank increased 10% YoY to ₹4,900 crore, NIM was 5.19%, as per the statement.
Other Income of the bank was up 38% YoY to ₹1,073 crore. For 9M FY25 it increased 29% YoY to ₹2,806 crore. Core Fee Income for October-December quarter surged 19% YoY to ₹871 crore. For 9 month of FY25, it grew 20% YoY to ₹2,461 crore.
This story is from the January 19, 2025 edition of The New Indian Express Vishakapatnam.
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