Rbl Bank Ltd. · NSE:RBLBANK
Rbl Bank — Q4 FY23 Earnings Presentation
74 slides from Rbl Bank's earnings presentation, Apr 29, 2023
Slide 1: Investor Presentation Q4 FY23
Investor Presentation Q4 FY 23 April 29, 2023 1
Slide 2: Disclaimer
Disclaimer By attending the meeting / telephonic call where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations: The information in this presentation has been prepared by RBL Bank Limited (the “Company”) for use in presentations by
Slide 3: Glossary and Key Notes
Glossary and Key Notes AEPS Aadhaar Enabled Payment System INR Indian Rupee Agri Agribusiness Banking IPO Initial Public Offering API Application Programming Interface MF Mutual Funds ATM Automated Teller Machine Mn Million BC Business Correspondent NFB Non Fund Based Bps Basis Points NIM Net Intere
Slide 4: Key Drivers of Business Performance in Q4 FY23
Key Drivers of Business Performance in Q4 FY23 Strong Advances Growth - Growth of 17% YoY and 5% sequentially; driven by Retail Advances Growth of 21% YoY and 8% sequentially Highest ever Quarterly & Annual Profit – PAT for Q4 FY23 grew 37% YoY and 30% QoQ to Rs. 271 crore; PAT for FY23 was Rs. 883
Slide 5: Q4 FY23 Key Financial Highlights
Q4 FY23 Key Financial Highlights Advances Rs. 70,209 crore Retail Advances Rs. Deposits Rs. 84,887 crore CASA Rs. 31,717 crore Healthy 37,778 crore Balance 17% YoY 5% QoQ 21% YoY 8% QoQ 7% YoY 4% QoQ 14% YoY 6% QoQ Sheet NII Rs. 1,211 crore Core Fee Income Rs. 658 Operating Profits Rs. 594 PAT Rs. 2
Slide 6: Improving Profitability QoQ
Improving Profitability QoQ Q4 Q4 Q3 Parameter YoY QoQ FY23 FY22 FY23 FY22 FY23 Net Interest Income 1,211 1,131 7% 1,148 5% 4,451 4,027 Other Income 674 511 32% 618 9% 2,489 2,341 Net Total Income 1,885 1,643 15% 1,767 7% 6,941 6,367 Operating Profit 594 657 (10%) 567 5% 2,202 2,745 Provisions (Othe
Slide 7: Advances and Deposits
Advances and Deposits
Slide 8: Well Diversified Advances
Well Diversified Advances Non Funded Advances Net Funded Advances 16,192 70.1% 70,209 66,684 62,942 60,022 60,270 29.9% Guarantees LCs and Acceptances 31,329 30,514 32,686 34,977 37,778 (16.8%) (15.2%) (15.6%) (15.7%) (16.0%) 21% YoY • 84.4% of Wholesale Exposure is to A- or better rated customers •
Slide 9: Advances Mix; Strong Advances Growth
Advances Mix; Strong Advances Growth Yield Proportio March 2023 March 2022 YoY Dec 2022 QoQ FY23 n C&IB 24,643 22,150 11% 24,214 2% 7.4% CB 7,788 6,543 19% 7,493 4% (6.5%) 46% Wholesale 32,431 28,693 13% 31,707 2% Business Loans 6,656 8,058 (17%) 6,882 (3%) Credit Cards 16,594 13,383 24% 15,471 7% .
Slide 10: Wholesale Advances
Wholesale Advances Wholesale Exposure - Rating Breakup (%) Wholesale Advances 84.4% 59,688 32,431 31,707 29,756 30,256 28,693 7,788 7,493 7,137 19% YoY 6,645 6,543 12.8% 2.8% A - or Better BBB BB & Below FB+NFB Top 10 Industries FB-NFB Split % of Outstanding Outstanding 24,214 24,643 22,150 23,111 2
Slide 11: Retail Advances
Retail Advances 37,778 34,977 1,597 4.2% 1,029 2.7% 32,686 1,269 1,357 3.6% 31,329 777 30,514 905 540 1,260 4,583 12.1% 1,070 314 1,213 1,189 990 4,298 423 1,201 3,450 2,463 2,563 6,656 17.6% 6,882 7,350 8,058 7,547 5,963 15.8% 5,021 4,584 4,852 3,753 15,471 16,594 43.9% 14,036 14,644 13,383 March 2
Slide 12: Increasing Retail Disbursement
Increasing Retail Disbursement 4,391 10,473 64% QoQ 103% YoY 296 869 8% 151 455 4% 933 1,814 17% 2,674 2,685 538 1,523 15% 140 292 120 5,150 225 106 324 455 325 312 318 380 1,051 2,474 5,813 56% 723 1,865 1,451 3,144 142 78 201 280 23 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 FY22 FY23 Micro-Banking Business
Slide 13: CASA & Total Deposits
CASA & Total Deposits 14% YoY growth in CASA ; Total deposits grew by 7% YoY March 22 Dec 22 March 23 79,007 81,746 84,887 64.7% 20.9% 63.4% 19.9% 62.6% 20.7% 14.6% 15.7% 17.4% CA SA TD CA SA TD CA SA TD CASA + TD < 2 crore to Total Deposits 62.0% 60.7% 56.3% March 2022 Dec 2022 March 2023 13
Slide 14: Deposits, Liquidity and Cost Trends
Deposits, Liquidity and Cost Trends Yield and Cost LCR Position 11.62% 11.31% 11.26% 12.22% 11.22% 11.46% 11.96% 12.60% 156% 144% 5.85% 134% 155% 146% 138% 149% 126% 5.27% 5.10% 4.82% 4.81% 4.87% 5.19% 5.55% 5.20% 5.01% 4.76% 4.75% 4.84% 5.14% 5.47% 5.73% 100% 100% 100% 100% 100% 100% 100% 100% June
Slide 15: Improving Financial Metrics
Improving Financial Metrics
Slide 16: Core Fee Income increasing QoQ
Core Fee Income increasing QoQ Other Income Core Fee Income Breakup 511 618 674 2,341 2,489 514 590 658 2,073 2,323 4% 4% 4% 21% 4% 4% 22% 22% 5% 24% 3% 22% 3% 3% 5% 28% 30% 27% 101% 95% 98% 89% 93% 25% 30% 33% 30% 34% 32% 29% 96% 93% 11% 7% 10% 12% 9% 10% 11% (1%) 5% 2% Q4 FY22 Q3 FY23 Q4 FY23 FY 2
Slide 17: Operating Costs Increase Driven By Business Volume Growth
Operating Costs Increase Driven By Business Volume Growth 985 1,199 1,292 3,622 4,738 14% 12% 12% 4% 4% 25% 4% 7% 6% 6% 12% 13% 15% 15% 5% 15% 5% 7% 8% 9% 11% 16% 12% 16% 6% 24% 9% 23% 23% 25% 22% 28% 28% 28% 28% 28% Q4 FY22 Q3 FY23 Q4 FY23 FY22 FY23 Employee Business Acquisition Payments & General
Slide 18: Asset Quality
Asset Quality
Slide 19: Asset Quality Snapshot
Asset Quality Snapshot Quarter Ended March 2022 June 2022 Sep 2022 Dec 2022 March 2023 Movement of Gross NPAs Opening Balance 2,902 2,728 2,537 2,457 2,469 (+) Additions during the period 619 653 812 608 681 (-) Upgrade 105 192 149 99 138 (-) Recoveries 222 188 164 126 248 (-) Write Offs 465 465 578
Slide 20: Asset Quality Trends
Asset Quality Trends NPA Position PCR 4.40% 4.08% 83.4% 85.3% 84.3% 84.7% 85.0% 3.80% 3.61% 3.37% 2.69% 2.35% 70.4% 72.5% 67.8% 68.0% 68.1% 1.87% 1.44% 1.21% 1.34% 1.16% 1.26% 1.18% 1.10% March 2022 June 2022 Sep 2022 Dec 2022 March 2023 March 2022 June 2022 Sep 2022 Dec 2022 March 2023 GNPA NNPA Ne
Slide 21: Credit Costs Lower QoQ
Credit Costs Lower QoQ Net Credit Cost by Business (bps) 71* 39* 29* 515 149 65 494 35 33 150 6 4 21 (4) (1) Q4 FY22 Q3 FY23 Q4 FY23 FY 22 FY 23 • Not Annualized for the bank or at individual segment level for the quarter 21
Slide 22: Healthy Capital Adequacy
Healthy Capital Adequacy
Slide 23: Capital Adequacy – Well Capitalized
Capital Adequacy – Well Capitalized Particulars March 2022 Dec 2022 March 2023 Tier 1 Capital Funds* 12,301 12,915 12,984 Tier 2 Capital Funds 470 1,242 1,424 Total Capital Funds* 12,771 14,158 14,408 Total RWA 75,909 83,353 85,138 Tier 1 CRAR* 16.2% 15.5% 15.3% Total CRAR* 16.8% 17.0% 16.9% RWA/Tot
Slide 24: Diversified Shareholding & Strong Rating Profile
Diversified Shareholding & Strong Rating Profile Shareholding by category (%) Ratings Instrument Rating 1.9 0.1 Basel III compliant Tier II bonds ICRA AA- (Stable) 7.8 (Re-affirmed dated Sep 9, 2022) 35.0 CARE AA- (Stable) (Re-affirmed dated Oct 3, 22.3 2022) Certificate of Deposits ICRA A1+ (Re-aff
Slide 25: Growing Distribution Network
Growing Distribution Network
Slide 26: Our Growing, Multi-Layered Distribution Network
Our Growing, Multi-Layered Distribution Network Locations Customers (Mn.) Chandigarh 4 11.30 11.77 12.00 12.91 9.83 9.97 10.66 11.15 GIFT 56 2 city 13 New Delhi June Sep 2021 Dec 2021 March June Sep 2022 Dec 2022 March branch 2021 2022 2022 2023 16 24 Channel Breakup 14 1 6 Channels Number of transa
Slide 27: Our Progress In The Last Three Years
Our Progress In The Last Three Years
Slide 28: Focus on Retail Deposit Growth
Focus on Retail Deposit Growth Growing granular Deposits FY23 …….Resulting in Improved Ratios Reducing Borrowings FY20 17,007 13,331 42.8% 730 38.9% 1,152 37.2% 37.9% 41.7% Approx.70% of incremental deposits 37.2% 37.5% from <2cr. And retail 16,277 LCR 34.5% 12,180 March, 2020 March,2021 March,2022
Slide 29: Reducing Riskiness in Wholesale Through Targeted Measures
Reducing Riskiness in Wholesale Through Targeted Measures Net Slippages and Credit Costs Rating Profile Sep 30, 2019 March 31, 2023 1,908 1,182 69.9% 84.4% 588 337 93 122 (61) (8) 24.0% FY20 FY21 FY22 FY23 12.8% 6.0% 2.8% External Ratings External Ratings Net Slippages Credit Costs A- or Better BBB
Slide 30: Stress in Retail Absorbed; FY23 more normalised in terms of Credit Cost
Stress in Retail Absorbed; FY23 more normalised in terms of Credit Cost Net Slippages Credit Costs 12.0% Credit Cards $90+ Comparison with Industry 10.0% INDUSTRY 727 1,797 2,481 1,328 8.0% 726 1,643 2,711 908 RBL 6.0% 4.0% 471 2.0% 0.0% 387 1,027 316 862 345 Microfinance PAR –RBL Bank* vs Peer/Indu
Slide 31: Prudential Measures to Strengthen Balance Sheet
Prudential Measures to Strengthen Balance Sheet Balancing Growth to Improve CD Ratios Improving Provision Coverage 100% 70.4% 68.1% 52.3% 80% 83% 43.3% 76% 4.4% 4.3% 3.6% 3.4% 2.1% 2.1% 26% 1.3% 17% 1.1% 7% 8% 7% -1% 1% 2% March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023 March 31, 2020 Ma
Slide 32: Investments to Strengthen Capacity
Investments to Strengthen Capacity * Majority of spends towards credit cards, Spends for new retail new technology systems and refresh and segments and strengthening network expansion risk and compliance * FY20 Opex Indexed to 100 32
Slide 33: Our Goals For FY26
Our Goals For FY26
Slide 34: Our Goals For FY26
Our Goals For FY26 Key Financial Targets (FY24-FY26) Advances Deposits Building on existing “Core” Businesses and building scale in nascent verticals 20%+ CAGR 20%+ CAGR Average CASA Focus on distribution led growth- Focal point of cross sell Granular Deposits Growth 50%+ 1-2% p.a. Building a data l
Slide 35: New Products and Channels Driving Diversification
New Products and Channels Driving Diversification.. Product expansion at forefront.. Capacity building across channels.. 1 Continuous investment in distribution channels Wholesale LAP, Housing – Banking 2 affordable, Target Market Aligned Distribution & Products prime MSME, Cash- Gold Loan, Used Car
Slide 36: Leveraging Existing Operating Investments
Leveraging Existing Operating Investments.. Asset/liability cross sell/upsell through branches and BC touchpoints; dedicated branch sales team for multiple products enabled through targeted lead generation 2,600 Touchpoints 26mn 1,683 Touchpoints 12.91mn 1,800 1,166 800 517 FY23 FY26 Branches BC Poi
Slide 37: Leveraging RBL Finserve More Effectively
Leveraging RBL Finserve More Effectively Bank’s Rural Engine Pan ‘Bharat’ Collection Scalable Transformed HR Robust Ops. distribution network Focus Technology philosophy and risk Approach Stack framework Servicing through tech High focus in early Focus on availability Initiatives driving Focus on so
Slide 38: Focus on Achieving Scale Through Sustainability
Focus on Achieving Scale Through Sustainability Targeted Share of Housing, Wheels, Gold, Small Business Loans 30% ➢ Focus on building granularity in retail deposit franchise; deposit growth in FY24-FY26 led by retail ➢ New-to-bank customer led deposit growth 8% ➢ Scale up of nascent businesses FY23
Slide 39: Vision for RBL’s Digital Play
Vision for RBL’s Digital Play Key Objectives 1 ‘Bank of choice’ for Customers • Provide secure digital environment to customers enabling them to undertake convenient, attractive, easy, satisfying / rewarding online Banking 2 Seamless journeys for Bank’s products • Create omnichannel experience to th
Slide 40: Delivering Convenient and Personalized Customer Experience
Delivering Convenient and Personalized Customer Experience ▪ Behaviour driven triggers ▪ Segmented campaign ▪ First Time Right management through CRM ▪ STP/Pre-approved journeys Customer Promote across products Insights and manage cross sell ▪ Hyper-personalized service offering ▪ Customer sentiment
Slide 41: Deepening Technology, Digital and Analytics
Deepening Technology, Digital and Analytics 1 Enabling Digital Experience to Customers Digital Onboarding Stack • Central dedicated unit focusing on building Digital Journeys for existing and new products of the Bank Digital 6 Channels for Digital KYC 2 • Platform approach: Build common customer int
Slide 42: Creating Future Ready Human Capital
Creating Future Ready Human Capital Employee development Engagement initiatives Operational efficiencies ➢ Productivity enhancement ➢ Country-wide townhalls ➢ Flexible workplace activities- initiatives across bank ➢ Strategic workshops for WFH, flex-leaves ➢ New L&D philosophy leadership ➢ R&R initi
Slide 43: Digital Initiatives
Digital Initiatives
Slide 44: Deepening our Digital Footprint
Deepening our Digital Footprint • Unique Prepaid Transit cum Multipurpose Card facilitating cashless and seamless commuting and retail transactions • Usable for offline contactless transactions for low value payments 44
Slide 45: Deepening our Digital Footprint
Deepening our Digital Footprint Issuance Products INR Remittances FX Products Acquiring & Aggregation API, UPI & Others Multiple Platforms for PPI issuance 26k (Aadhaar Enabled Providing RDA services for ~11% market share, 8,87L Achieved 750 TPS in UPI for a Payment Services (AEPS) + two leading Exc
Slide 46: Digital Servicing Channels
Digital Servicing Channels Net Banking Mobile Banking MyCard (4.2) users users users Active 92% Android users 4.42L 60% 25% 15% 10.8L 47 L 85% (4) • Converting credit card transactions into EMIs • Omni Channel with Mobile app • Segmented approach • Collaboration with multiple vendors • Behaviour bas
Slide 47: Credit Card Update
Credit Card Update
Slide 48: Growth & Market Share
Growth & Market Share Source RBI Data Mar’22 Mar’23 RBL Industry RBL Industry 4.4 M 85.3 M CIF 3.7 M 73.7 M 20% 16% 6,057 Cr 1,37,707 Cr Spends 4,418 Cr 1,07,136 Cr 37% 29% 16,749Cr 1,86,856 Cr Advances* 13,807 Cr 1,44,646 Cr 21% 29% Market Share – Cards (#) Market Share - Spends Market Share - Adva
Slide 49: Credit Cards - Portfolio Trends
Credit Cards - Portfolio Trends Cards in Force (Million) Acquisition (Million) 0.59 0.55 0.52 4.32 4.36 4.41 0.45 4.24 0.43 4.10 3.91 3.68 0.19 0.18 0.18 March June Sep Dec Jan 23 Feb 23 March Q4'22 Q1'23 Q2'23 Q3'23* Q4'23 Jan'23 Feb'23 Mar'23 2022 2022 2022 2022 23 Gross Advances Breakup (Cr.) Tot
Slide 50: Credit Cards - Portfolio Trends
Credit Cards - Portfolio Trends Retail Spend # Consumer Loans ('000) 929 941 28,944 841 861 27,207 26,567 26,028 25,228 24,852 25,588 753 12,656 12,362 13,618 11,836 11,136 11,645 11,702 322 335 283 Q4'22 Q1'23 Q2'23 Q3'23 Jan'23 Feb'23 Mar'23 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Jan'23 Feb'23 Mar'23 Retai
Slide 51: Credit Cards – Customer Segment insights
Credit Cards – Customer Segment insights Salaried : Self Employed (SE) mix City Tier Mix Carded Mix Age Group Mix 1.50 1.57 0.76 1.14 0.96 0.77 3% Cards-in- Force As on 31st Mar 14% 20% 18% 32% 35% 68% 55% 83% 10% 2023 0.85 1.12 62% 1.04 1.02 0.94 Salaried Self Employed TIER 1 TIER 2 TIER 3 Carded B
Slide 52: Credit Cards – tighter control on new bookings resulting in delinquencies in line with industry
Credit Cards – tighter control on new bookings resulting in delinquencies in line with industry. 18.0% 16.0% 6MOB$30+ Comparison with Industry 12.0% $30+ Comparison with Industry 14.0% 10.0% 12.0% INDUSTRY INDUSTRY 10.0% RBL 8.0% RBL 8.0% 6.0% 6.0% 4.0% 4.0% 2.0% 2.0% Refer note below 0.0% Q4 Q1 Q2
Slide 53: Recent Developments
Recent Developments New Co-brand Credit launched in partnership Launched new digital acquisition channels for Short-term Personal Loan and Xpress Cash facility with our current Fintech Partner, BankBazaar In association with BankBazaar Now available on RBL Bank MyCard App & Chatbot RBL Bank BankBaza
Slide 54: Microfinance Update
Microfinance Update
Slide 55: Microfinance Distribution Network
Microfinance Distribution Network (1) (2) (44) 6 Active BC Partners: 3 (43) State & District Presence: (84) 103 (60) (26) (118) (2) • 21 States and 2 Union Territory 59 (52) 92 16 • 405 Districts (40) (49) (72) 25 • 60000+ villages covered (83) 107 (16) Microfinance Presence Branches : • Micro-Banki
Slide 56: Portfolio growth driven by new customers
Portfolio growth driven by new customers Net Advances 3.44 Million active loan accounts Disbursements 7,132 4,852 5,021 5,963 23 1,865 1,451 2,474 13% 12% 269 31% 43% 173 CBS Migration MF Regulations – BRE and BCMS 145 87% 88% development 2,205 69% 1,692 57% 1,306 8 15 March 2021 March 2022 Dec 2022
Slide 57: Portfolio Concentration and Delinquency Trend
Portfolio Concentration and Delinquency Trend Old Book & New Book* Portfolio % Portfolio Comparison 68% 63% 56% 56% 3.26% 43% 38% 96.74% RBL Peers Industry New Book Old Book Top 3 states Top 5 states Source : Equifax- Data as of January-2023 Microfinance PAR – RBL* vs Peer/Industry 3.37% 2.65% 2.48%
Slide 58: ESG Initiatives
ESG Initiatives
Slide 59: Sustainability Strategy and Initiatives – Sustainable as a Financial Intermediary
Sustainability Strategy and Initiatives – Sustainable as a Financial Intermediary ➢ Actively manage our exposure to climate risks better ➢ Offer Sustainable Finance products; Partnered with DFIs / MFIs to intermediate financing ➢ Support “Taskforce on Climate related Financial Disclosures (TCFD)” ef
Slide 60: Umeed 1000 @ RBL Bank
Umeed 1000 @ RBL Bank
Slide 61: Direct implementation under Umeed 1000!
Direct implementation under Umeed 1000! • Direct implementation of CSR implemented under its flagship program for empowering girl child education, Umeed 1000! • Partnered with 8+ state government as well as local government bodies partnered to identify over 1000 underprivileged girls who needed assi
Slide 62: Umeed 1000! – Direct Implementation!
Umeed 1000! – Direct Implementation!
Slide 63: Umeed drive! - Publications
Umeed drive! - Publications RBL Bank donates 250 bicycles to girls Bicycles were given under CSR initiative- UMEED 1000 StaffReporter Panaji RBL Bank, on Monday, under its CSR initiative. UMEED 1000, donated 250 bicycles to the un- derprivileged girls in the state. ‘The bank held the dona- tion driv
Slide 64: Annexures
Annexures
Slide 65: Experienced Board of Directors
Experienced Board of Directors Mr. R Subramaniakumar Mr. Prakash Chandra Managing Director and CEO Non – Executive Independent Director (Part Time Chairman) A veteran banker with 40 years of experience; Previously, Previously, Chairman of Central Board of Direct Taxes (CBDT) associated with PNB, Ind
Slide 66: Board of Directors (Contd.)
Board of Directors (Contd.) Mr. Yogesh Dayal Mr. Gopal Jain Additional Director (Appointed by RBI) Non-Executive Non-Independent Director A career Central Banker with 25 years of experience with RBI. Managing Partner and Founder of Gaja Capital, Founded Gaja Currently Chief General Manager and in ch
Slide 67: Professional and Experienced Leadership Team
Professional and Experienced Leadership Team Mr. R Subramaniakumar Mr. Rajeev Ahuja Managing Director and CEO Executive Director A veteran banker with 40 years of experience; Previously, Previously, associated with Citibank India, Bank of America, India associated with PNB, Indian Bank and Indian Ov
Slide 68: Professional and Experienced Leadership Team (Contd.)
Professional and Experienced Leadership Team (Contd.) Mr. Vijay Anandh Mr. Pankaj Sharma Head of Retail Assets and Collections Chief Operations Officer Previously, associated with Barclays Finance, ICICI Bank Previously, Head Retail Operations, Axis Bank (25) (21) Mr. Sanker Parameswaran Mr. R. Raja
Slide 69: Balance Sheet
Balance Sheet Particulars March 2022 Dec 2022 March 2023 Liabilities Capital 600 600 600 Reserves and Surplus 12,019 12,695 12,977 Deposits 79,007 81,746 84,887 Borrowings 11,093 10,623 13,331 Other Liabilities 3,491 3,891 4,082 Total 106,209 109,555 115,876 Assets Cash & Balances with RBI 13,111 5,
Slide 70: Profit & Loss Statement
Profit & Loss Statement Particulars Q4 FY23 Q4 FY22 Q3 FY23 FY23 FY22 Income Interest Earned 2,496 2,131 2,369 9,130 8,176 Interest Expended 1,285 1,000 1,220 4,678 4,149 Net Interest Income 1,211 1,131 1,148 4,451 4,027 Other Income 674 511 618 2,489 2,341 Total Income 1,885 1,643 1,767 6,941 6,367
Slide 71: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars March 2022 Dec 2022 March 2023 Liabilities Capital 600 600 600 Reserves and Surplus 11,931 12,617 12,926 Deposits 79,006 81,745 84,875 Borrowings 11,098 10,628 13,332 Other Liabilities 3,528 3,913 4,074 Total 106,163 109,502 115,806 Assets Goodwill on Consolida
Slide 72: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars Q4 FY23 Q4 FY22 Q3 FY23 FY23 FY22 Income Interest Earned 2,616 2,201 2,467 9,550 8,445 Interest Expended 1,285 1,000 1,221 4,679 4,148 Net Interest Income 1,331 1,201 1,247 4,871 4,297 Other Income 684 513 624 2,507 2,352 Total Income 2,015 1,714 1,87
Slide 73: Historical Performance
Historical Performance FY 11 FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 FY19 FY20 FY21 FY22 FY23 Particulars Net Worth 1,075 1,131 1,594 2,012 2,224 2,960 4,242 6,544 7,336 10,290 12,254 12,006 12,996 Deposits 2,042 4,739 8,341 11,599 17,099 24,349 34,588 43,902 58,394 57,812 73,121 79,007 84,887 Adv
Slide 74: Thank you
Thank you apno ka bank | RBL Bank 74