“We have taken accelerated 100% provisioning as opposed to norm of 70% after 90 days and then 30% after 180 days, on existing non-performing asset (NPA) book of credit card.” Saranya Shetty DVP Corporate Communications at RBL Bank.
COO, RBL Bank Executive Vice President, Axis Bank Key Responsibility Areas : 1. So shareholders would probably think the company shouldn’t be too generous with CEO compensation. ©TV18 Broadcast Limited. I don’t have the exact number with me but it’s in single digits.
There are some state governments, which are very happy with us.”
Net NPAs rose to Rs 932.68 crore from Rs 371.64 crore.Shares of the bank on Tuesday closed 1.71 per cent higher at Rs 181.85 apiece on the BSE.Net NPAs also deteriorated to 1.65 per cent from 0.65 per cent.However, the bank’s total income rose slightly to Rs 2,568.32 crore in April-June quarter of 2020-21 from Rs 2,503.88 crore in the year-ago quarter.While non-wholesale advances grew by 24 per cent year-on-year, wholesale advances came down by 18 per cent, in line with the bank’s planned portfolio re-calibration.On liquidity, the private sector lender said its overall capital adequacy ratio stood at 16.35 per cent, with common equity tier I ratio of 15.16 per cent at the end of June 2020. However, we are not seeing anything immediate in terms of its impact on our assets.”Speaking about state government deposits, he said, “The number is not significant, less than 6-7 percent overall. It is being merged with our Shirgao branch, Goa. "The quarter was a mixed bag. 110, Marga Eadda, Netravali, Sanguem, South Goa, Goa - 403704, will be closed w.e.f August 31, 2020.
As a bank, we have achieved a robust set of numbers in this challenging business environment. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations. and they will make hell of your life. The private sector bank had posted a net profit of Rs 267.05 crore in June quarter of preceding fiscal year ended March 2020, it said in a regulatory filing. Revision in Savings Account Interest rates effective August 01, 2020 Revision in schedule of charges effective August 01, 2020 Our Netravali branch located at House No. "As a bank, we have achieved a robust set of numbers in this challenging business environment. In fact, six marquee corporate accounts have moved to us over last few days, said Ahuja.When asked about COVID-19 impact, Ahuja said, “It will certainly vitiate the economic activity in the country and it will also need response at all levels including at the macro level in terms of the government, the central bank etc. RBL Bank on Tuesday reported over 47 per cent decline in standalone net profit at Rs 141.22 crore in the first quarter ended June of the current fiscal year due to over two-fold jump in provisioning.
there will be steps needed to stimulate the economy, whether it’s through monetary policy or other measures. This bank use false information and also bank representative gives their own details against customers information. Sankarson Banerjee. RBL Bank made Covid-related provisions of Rs 240 crore in Q1FY21 and provisions on this count stood at Rs 350 crore as at June 30, 2020. Given the total loss of 77% over three years, many shareholders in RBL Bank Limited are probably rather dissatisfied, to say the least. Apply to Chief Executive Officer, Vice President of Strategy, President and more!
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