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RBL Bank Reports Revenue Growth 13% To Rs 1,643 Crore In Q4FY22

Other income was down 7 per cent YoY to Rs 511 crore for Q4FY22; grew 24 per cent YoY to Rs 2,341 crore for FY22

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The Board of Directors of RBL Bank approved the audited financial results for the quarter and year ended 31st March 2022 at its meeting held on Thursday, 12th May 2022.

The total revenue grew 13 per cent YoY to Rs 1,643 crore for Q4FY22 and grew 12 per cent YoY to Rs 6,367 crore for FY22.

Net Interest Income (NII) grew 25 per cent YoY to Rs 1,131 crore for Q4FY22 and grew 6 per cent YoY to Rs 4,027 crore for FY22; NIM for FY22 was 4.45 per cent.

Other income was down 7 per cent YoY to Rs 511 crore for Q4FY22; grew 24 per cent YoY to Rs 2,341 crore for FY22.

Operating profit was Rs 657 crore for Q4FY22 and Rs 2,745 crore for FY22. While net profit was Rs 198 crore vs Rs 156 crore in Q3FY22. Net Loss for FY22 was Rs 75 crore .

RBL's total deposits grew 8 per cent YoY to Rs 79,007 crore. Average Liquidity Coverage Ratio for Q4FY22 at 138 per cent.

As of 31st March 2022, the Bank has 502 bank branches and 1,418 business correspondent branches, of which 289 are banking outlets. RBL Finserve Limited (“RBL Finserve”), a 100 per cent subsidiary of the Bank, accounts for 870 business correspondent branches.


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