On 18 January, RBL Financial institution introduced an 86% year-on-year decline in web revenue to Rs 32.63 crore for the third quarter of FY25, representing an 85% sequential lower.
Asset High quality Metrics:
- Gross NPA Ratio: 2.92% as of 31 December 2024 (vs. 2.88% on 30 September 2024 and three.12% on 31 December 2023).
- Internet NPA Ratio: 0.53% as of 31 December 2024 (vs. 0.79% on 30 September 2024 and 0.80% on 31 December 2023).
- Gross NPA: Rs 2,701 crore as of 31 December 2024 (vs. Rs 2,581.08 crore on 30 September 2024 and Rs 2,551.05 crore on 31 December 2023).
- Internet NPA: Rs 481.64 crore as of 31 December 2024 (vs. Rs 697.51 crore on 30 September 2024 and Rs 635.64 crore on 31 December 2023).
Deposits and Advances:
- Whole Deposits: Rs 1.07 lakh crore (up 15% YoY); CASA deposits grew 12% YoY to Rs 35,022 crore, with a CASA ratio of 32.8%.
- Granular Deposits (lower than Rs 3 crore): Rs 53,719 crore (up 20% YoY and three% QoQ), contributing 50.3% of whole deposits.
- Internet Advances: Rs 90,412 crore (up 13% YoY).
- Retail Advances: Rs 55,199 crore (up 19% YoY); Retail-to-wholesale advances ratio stood at 61:39.
Phase-Sensible Progress:
- Housing loans: 33% YoY improve.
- Rural car finance: 30% YoY improve.
- Business banking: 21% YoY improve.
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