In general, the ratio of gross and non -performance assets stood at 2.60 percent and 0.29 percent at the end of March | Photo credit: KSL
The medium -sized private sector lender RBL Bank reported on Friday a 81 percent year -on -year drop (interannual) in the net gains for the quarter that ended in March ₹ 69 million rupees, since the provisions increased to bad more high loans. The lender had reported net profits of 33 million rupees in the third quarter of 2015.
Fresh landslides were located at ₹ 1,058 million rupees in Q4Fy25, much higher than ₹ 680 million rupees in Q4Fy24.Of the total landslides in the reports of reports, ₹ 444 million rupees or landslides emanating from the credit card portfolio, while ₹ 439 million loans or incobrable loans were of the micro loan segment. In comparison, the duration Q3Fy25, ₹ 533 million rupees or landslides emanating from the credit card portfolio, and ₹ 521 million landslides were from the micro loan business.
As the bad loans increased, the provisions shot at ₹ 785 million rupees in the fourth quarter of 2015 of ₹ 414 million rupees in the corresponding period last year.Bank’s management said the lender has a 100 percent provision in his uncollectible debt of loan micro segment.While, total provisions that include the specific, general and contingent provision are 120 percent of gross assets that have no performance.
In general, the ratio of gross and net performance assets stood at 2.60 percent and 0.29 percent at the end of March versus 2.92 percent and 0.53 percent in the last quarter, respectively. The bank expects the landslides to be normal for the quarter from July to September.
Main business
Rbl Bank’s net advances increased by 10 percent year -on -year to ₹ 92,618 million rupees in the fourth quarter, while deposits increased by 7 percent with ₹ 1.10 Lakh Crore. Micropolis and personal loans witnessed a decrease in informing the quarter as the lender changes their approach to insured and higher loans.
“Our unharmed loans were in the range of 34 percent a couple of years ago, and at this time we are at 29 percent … This 29 percent can be moderated even more by 1-2 percent. Ultimately, ultimately, we are moving towards a better performance that is how I like it as as as as, as as, as as as, as as as, as well as as a blike, as a blike Like a blike, like a blike, type blike type blike type blike, type blike, type blike type blike, type blike, type blike type, Blake type, BLIKE type, in a way to which Growlake’s products are expected.
The interest revenue of the lender fell 2 percent year -on -year to ₹ 1,563 million rupees,While other income increased by 14 percent with ₹ 1,000 million rupees in the fourth quarter.The margin of fair interest of the lender was 4.89 percent in the fourth quarter, less than 5.45 percent last year.The bank expects the margins to fall in the short term and stabilize at the current levels in the next 3-4 rooms. The Bank Board today was a dividend or ₹ 1 per capital action for fiscal year 2015.
Posted on April 25, 2025