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RBL Bank profit plunges 81% in Q4 due to spike in bad loans
Financial Express Kochi
|April 26, 2025
RBL BANK'S PROFIT declined 81% year-on-year to ₹69 crore in the fourth quarter of the previous financial year, impacted by a rise in provisions due to spike in bad loans.
The Q4 FY25 numbers, announced on Friday, beat Street expectations as the analysts polled by Bloomberg had estimated the bank to post ₹47.5 crore net profit in the quarter.
Net interest income, the difference between interest earned and paid, declined 2% to ₹1,563 crore in the quarter from ₹1,600 crore in the same quarter of FY24.
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