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RBL Bank logs 26% growth in deposits during Q4FY21

06 Apr 2021 Evaluate

RBL Bank has recorded Gross Advances (provisional) of Rs 60,012 crore in the fourth quarter ending March 2021 (Q4FY21) period, registering a 2% rise from advances of Rs 58,966 crore in the corresponding period of the previous year. The bank witnessed total deposits (provisional) of Rs 73,123 crore in Q4FY21 rising by 26% from Rs 57,812 crore a year ago same period. The bank's CASA stood at Rs 23,264 crore in Q4FY21 increasing by 36% Year on Year (YoY). While the CASA ratio was at 31.8% in Q4FY21 versus 29.6% in Q4FY20.

RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.

Peers
Company Name CMP
HDFC Bank 715.90
ICICI Bank 1351.90
Axis Bank 1242.15
Kotak Mahindra Bank 415.75
Indusind Bank 958.00
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