Stock Report

RBL Bank Ltd reports 2.58% QoQ fall in total deposits



Posted On : 2022-01-02 21:56:49( TIMEZONE : IST )

RBL Bank Ltd reports 2.58% QoQ fall in total deposits

RBL Bank Ltd has announced the provisional financial information for the period ended December 31, 2021.

Total deposits of the bank decreased 2.58% QoQ from Rs. 75,588 crore as of September 30, 2021 to Rs. 73,637 crore as of December 31, 2021 and increased 9.61% YoY from Rs. 67,184 crore as of December 31, 2020.

CASA of the bank decreased 5.30% QoQ from Rs. 26,734 crore as of September 30, 2021 to Rs. 25,316 crore as of December 31, 2021 and increased 21.32% YoY from Rs. 20,867 crore as of December 31, 2020.

CASA Ratio was at 34.4% as of December 31, 2021 as against 31.1% as of December 31, 2020 and 35.4% as of September 30, 2021.

Retail Deposits and Deposits from Small Business customers (as per LCR definition) of the bank decreased 11.30% QoQ from Rs. 31,421 crore as of September 30, 2021 to Rs. 27,871 crore as of December 31, 2021 and increased 14.16% YoY from Rs. 24,413 crore as of December 31, 2020.

Retail Deposits and Deposits from Small Business customers (as per LCR definition) as % of Total Deposits was at 37.8% as of December 31, 2021 as against 36.3% as of December 31, 2020 and 41.6% as of September 30, 2021.

Liquidity Coverage Ratio (LCR) (Average for the quarter) was at 146% as of December 31, 2021 as against 164% as of December 31, 2020 and 155% as of September 30, 2021.

The Total Deposits of RBL Bank Ltd as of December 24,2021 was Rs. 73,141 crore.

Certificates of Deposit as of December 31,2021 was Rs. 4,285 crore (as against Rs. 3,650 crore as of September 30,2021)

Shares of RBL Bank Limited was last trading in BSE at Rs. 127.05 as compared to the previous close of Rs. 130.40. The total number of shares traded during the day was 4111754 in over 29279 trades.

The stock hit an intraday high of Rs. 133.20 and intraday low of 123.70. The net turnover during the day was Rs. 525969646.00.

The above information is provisional and being released ahead of the official announcement of the financial results for the quarter ended December 31,2021 which is subject to approval by the audit committee of the Board of Directors, the Board of Directors and limited review by the statutory auditors of the Bank.

Source : Equity Bulls

Keywords

RBLBank INE976G01028 FinancialInformation ProvisionalData TotalDeposits CASA RetailDeposits LiquidityCoverageRatio