By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
usatimeaheadusatimeaheadusatimeahead
  • Home
  • USA
  • World
  • Politics
  • Business
    • CEO
    • Founder
    • Journalist
    • Entrepreneur
    • Realtor
  • Health
    • Doctor
    • Plastic surgeon
    • Beauty cosmetics
  • Sports
    • Athlete
    • Coach
    • Fitness trainer
  • Economy
  • Lifestyle
Reading: RBL Bank Q4 profit tanks 81% to ₹69 cr as provisions spike
Share
Font ResizerAa
Font ResizerAa
usatimeaheadusatimeahead
  • Home
  • USA
  • World
  • Politics
  • Business
  • Health
  • Sports
  • Economy
  • Lifestyle
Search
  • Home
  • USA
  • World
  • Politics
  • Business
    • CEO
    • Founder
    • Journalist
    • Entrepreneur
    • Realtor
  • Health
    • Doctor
    • Plastic surgeon
    • Beauty cosmetics
  • Sports
    • Athlete
    • Coach
    • Fitness trainer
  • Economy
  • Lifestyle
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » RBL Bank Q4 profit tanks 81% to ₹69 cr as provisions spike
Business

RBL Bank Q4 profit tanks 81% to ₹69 cr as provisions spike

Michael Thompson
By Michael Thompson
2 Min Read
Share

RBL Bank reported on Friday a 81 percent decrease in their net gain to ₹ 69 million rupees for the fourth quarter of fiscal year 2015 with an increase in the provisions.

The lender had obtained a net gain of ₹ 353 million rupees in the period of the previous year.

Duration The quarter, the total entrance of the bank increased to ₹ 4,476 million rupees compared to ₹ 4,215 million rupees a year ago, said RBL Bank in a regulatory presentation.

Interest revenues grew to ₹ 3,476 million rupees, door of the period under review, of ₹ 3,339 million rupees in the corresponding quarter a year ago.

On the quality of the assets, gross assets not rendered from the bank (NPA) fell to 2.6 percent of gross advances as of March 31, 2025, from 2.65 percent by the end of March 2024.

As well as 0.29 percent of the advances of 0.74 percent at the end of 2024.

However, provisions and contingencies increased to ₹ 785 million rupees compared to ₹ 414 million rupees a year ago.

Duration The financial year 2024-25, the net benefit of the bank almost reduced to half to ₹ 695 million rupees compared to ₹ 1,168 million rupees in the previous year. Total income increased to ₹ 17,845 million rupees, the financial year such as Aginst ₹ 15,437 million rupees in the previous year.

The Bank Board has recommended a dividend of ₹ 1 per share or 10 percent for the year ended on March 31, 2025.

Posted on April 25, 2025

Previous Article Russian general killed by car bomb just outside Moscow; murder probe launched
Next Article Most WNBA Draft picks won’t make their opening day rosters. Here’s why.

Latest News

Excellence in Healthcare: Mass General Brigham Hospitals Lead National Rankings
Health
Robert Redford: The Lasting Legacy of a Hollywood Icon Who Redefined Cinema
USA
2025 Emmy Awards Winners Announced
Lifestyle
Michael McCaul to Not Seek Re-election
Politics
  • USA
  • World
  • Politics
  • Lifestyle
  • Economy
  • Sports
  • Business
  • CEO
  • Founder
  • Journalist
  • Realtor
  • Coach
  • Health
  • Doctor
  • Plastic surgeon
  • Beauty cosmetics
  • Fitness trainer
© 2017-2025 USA timeahead. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?