RBL Financial institution on Wednesday stated its gross advances grew 5 per cent year-on-year to ₹59,941 crore as of December 31, 2021.
The financial institution stated it’s a provisional determine for Q3FY22.
The non-public sector lender had gross advances amounting to ₹57,092 crore by the corresponding interval a 12 months in the past.
On a sequential foundation, the gross advances jumped 3.5 per cent from ₹57,939 crore on the finish of September 30, 2021, RBL Financial institution stated in a regulatory submitting.
The financial institution’s retail advances had been flat whereas wholesale advances grew eight per cent sequentially for the quarter ended December 31, 2021, it stated with out disclosing absolute figures.
The combo of retail to wholesale advances was about 53:47.
Shares of RBL Financial institution on Wednesday closed at ₹132.70 apiece on the BSE, up 1.45 per cent from the earlier shut.
Supply: Live Mint