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Large, mid-corporate segments grown well in Q1, says RBL Bank

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Large, mid-corporate segments grown well in Q1, says RBL Bank

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Large and mid corporate segments have grown well in the first quarter, said RBL Bank, after it reported a 35 percent jump in June quarter net at Rs 190.04 crore.

Large and mid corporate segments have grown well in the first quarter, said RBL Bank, after it reported a 35 percent jump in June quarter net at Rs 190.04 crore.
In an interview to CNBC-TV18, Vishwavir Ahuja, managing director and chief executive officer, said, "Our drivers have been consistent in this quarter as with the previous quarters."
Ahuja said, "Wholesale is in the 32-33 percent category, retail is in 43-45 percent category. The mix is therefore getting affected in a manner that the non-wholesale proportion is increasing.”
“We are seeing a movement towards a balanced book. Maybe it will take two-three years more for it to be a truly balanced book, but that is how we are headed and that is how we are deliberately headed,” he added.
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