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RBL Bank Q1 Results: Net profit expected to rise 37% YoY

Updated : July 19, 2019 08:54 AM IST

Mumbai-headquartered RBL Bank is set to report its first-quarter earnings today. Going into the results, the stock is down about 19 percent from its 52-week high. It has fallen by about 11 percent in the last two weeks.

Here are the key things to keep in mind:

  • Loan growth is expected to be between 30 percent and 35 percent.

  • Sustaining the net interest margin (NIM) over 4 percent will be a key challenge given the cost of funding environment and also the slowdown in loan growth. Last quarter it was at 4.23 percent, highest ever for RBL Bank.

  • Maintaining the gross non-performing assets (NPA) below 1.5 percent will be positive, it was at 1.38 percent in the previous quarter.

  • Also, any announcement with respect to stressed asset watchlist or clarification on their exposure to certain accounts will be a key factor to watch out for.

  • CNBC-TV18’s poll suggests net interest income (NII) growth of 42.5 percent on a year-on-year (YoY) basis, while net profit can be up 37 percent on a YoY basis.
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