Ace News
RBL Bank’s gross advances stood at Rs 89,786 crore (provisional) as of September 30, 2024 (Q2FY25), posting an 15% rise in year-on-year (YoY) terms against Rs 78,170 crore as of September 30, 2023. Total deposits grew 20% to Rs 1,08,028 crore (provisional) as of September 30, 2024, as compared to Rs 89,780 crore as of September 30, 2023.
CASA stood at Rs 36,221 crore (provisional) as of September 30, 2024, posting a 13% rise in year-on-year terms against Rs 32,089 crore as of September 30, 2023. CASA Ratio stood at 33.5% as of September 30, 2024 versus 35.7% as of September 30, 2023. The Liquidity Coverage Ratio (LCR) stood at 129% as of September 30, 2024 versus 142% as of September 30, 2023.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.