Following the RBI’s policy measures, banks are poised to benefit from increased liquidity. This influx allows for strategic deployment into credit or securities, boosting interest income while anticipated deposit rate cuts lower funding costs. Consequently, net interest income and profit margins are expected to improve, with NIM pressure potentially bottoming out by the end of the September quarter.
RBL Bank Q4 Results: Profit soars 3x YoY to Rs 230 crore
RBL Bank reported a significant three-fold surge in net profit for the fourth quarter, reaching Rs 230 crore, driven by robust business expansion and improved