• SENSEX
    NIFTY 50
VIDEOS
Earnings

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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV