RBL Bank Limited — Updates, 19-10-2024: Press Release

RBL Bank reported steady financial results for H1 FY25, with operating profit increasing 28% YoY to ₹1,769 crore and net profit rising 2% YoY to ₹594 crore. Net interest income grew 14% YoY to ₹3,315 crore, and total deposits surged 20% YoY to ₹107,959 crore. The bank experienced a 15% YoY growth in net advances, primarily driven by a 24% increase in retail advances. Asset quality improved, with gross NPA at 2.88%.