RBL Bank’s total deposits grew 7% to Rs 84,878 crore (Provisional) as of March 31, 2023 (Q4FY23), as compared to Rs 79,007 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 81,746 crore as of December 2022. Gross Advance stood at Rs 71,870 crore (Provisional) as of March 31, 2023, posting a 16% rise in year-on-year (YoY) terms against Rs 61,944 crore as of March 31, 2022 and on quarter-on-quarter (QoQ) basis stood at Rs 68,363 crore in December 2022.
The CASA was up 14% to Rs 31,709 crore as of March 31, 2023 (Provisional) against Rs 27,879 crore YoY. CASA ratio reached 37.4% (Q4FY23) from 36.6% (Q3FY23).
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.
