RBL Bank’s total deposits grew 5% to Rs 79,407 crore (Provisional) as of September 30, 2022 (Q2FY23), as compared to Rs 75,588 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 79,216 crore as of June 2022. Gross Advance stood at Rs 64,677 crore (Provisional) as of September 30, 2022, posting a 12% rise in year-on-year (YoY) terms against Rs 57,939 crore as of September 30, 2021 and on quarter-on-quarter (QoQ) basis stood at Rs 62,110 crore in June 2022.
The CASA was up 7% to Rs 28,718 crore as of September 30, 2022 (Provisional) against Rs 26,734 crore YoY. CASA ratio reached 36.2% (Q2FY23) from 36.0% (Q1FY23).
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.
