Retail liquidity coverage ratio (LCR) deposits amounted to Rs 41,209 crore as on 31 December 2023, up 16% YoY.

CASA ratio reduced to 33.8% as on 31 December 2023 as against 36.6% as on 31 December 2022.

Liquidity coverage ratio (LCR) stood at 132% as on 31 December 2023 as compared to 144% as on 31 December 2022.

The banks gross advances increased by 20% to Rs 81,870 crore as on 31 December 2023 from Rs 68,363 crore recorded on 31 December 2022.

RBL Bank said that retail advances grew 32% YoY while wholesale advances grew 6% YoY for the quarter ended 31 December 2023. The mix of retail:wholesale advances was approximately 58:42.

The bank added that it continues to focus on growing the share of granular retail deposits in the overall deposit mix, with retail deposits (as per LCR definition) at approximately 44.4% as of 31 December 2023 as against 43.3% as of 31 December 2022.

RBL Bank is one of India's leading private sector banks with an expanding presence across the country. The bank offers specialized services under five business verticals namely: corporate & institutional banking, commercial banking, branch & business banking, retail assets and treasury and financial markets operations.

The bank reported 45.9% jump in standalone net profit to Rs 294.08 crore on 29.4% increase in total income to Rs 3,712.39 crore in Q2 FY24 over Q2 FY23.

The scrip rose 0.14% to currently trade at Rs 286.40 on the BSE.