Private banks like Kotak Bank and RBL Bank are experiencing higher defaults in the microfinance sector. Kotak Bank reported a 10% rise in net profit, but its microfinance arm saw significant losses.
Photo Credit: BIJOY GHOSH Private sector lender RBL Bank on Saturday reported 86 per cent year-on-year (y-o-y) and 85 per cent quarter-on-quarter (q-o-q) fall in net profit for Q3FY25 at ₹33 ...
MUMBAI: Higher provisions for bad loans on a prudential basis pulled down the earnings of the mid-tier private sector lender RBL Bank, with its net income plunging by a massive 86% on-year to Rs ...
RBL Bank on Saturday reported a disappointing set of numbers ... said the bank has addressed the concerns on the technology front that led the RBI to place business restrictions last April, but added ...
Mumbai, Jan 18 (PTI) RBL Bank's net profit plummeted to ₹47 ... to two quarters more for the situation to normalise in the MFI business, but conceded that its share in the overall book my ...
RBL Bank Ltd for the third quarter reported ... on asset side and granular deposits on liability side.” “Our core business remains robust and disciplined focus on growth with profitability ...
RBL Bank on January 18 reported a 86 percent on-year fall in its net profit to Rs 32.63 crore in the third quarter of financial year 2025. Sequentially, net profit fell 85 percent. Gross non ...
Stocks like L&T Technology Services, Transrail Lighting, Oracle Financial Services Software, Exide Industries, Dhampur Bio ...
This partnership will help RBL Bank further strengthen scale of operations in its rapidly growing credit cards business. These co-branded Credit Cards will be available for both existing as well ...
Auditor/Auditors for RBL Bank Ltd is/are CNK & Associates LLP/G M Kapadia & Co. In the main management, Prakash Chandra is chairman and Niti Arya is the company secretary for RBL Bank Ltd. Anil ...
Shares of RBL Bank ended higher at ₹166.80 apiece ... as investors reacted positively to the bank's December quarter business update, which was released over the weekend. With today's rally ...
RBL bank shares climbed more than 4 per cent on NSE (National Stock Exchange), after bank declared their Q3 business update ...