RBL Bank reported a 30% YoY increase in Q4 net profit to Rs 352.64 crore, with a 17.87% rise in net interest income.

RBL Bank reported a 30% year-on-year jump in its net profit to Rs 352.64 crore for Q4 ended March 31, 2024. Its net interest income for the quarter was Rs 1,599.85 crore, a 17.87% increase from the previous year. The bank's board of directors approved a dividend of Rs 1.5 per equity share for FY24, with a proposed capital adequacy of 16.18% and a common equity Tier 1 ratio of 14.38%.

April 27, 2024
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