RBL Bank Shares Soared Over 2% After Releasing Business Update For Q3FY25

RBL Bank shares rose by 2.12%, reaching a day high of ₹169.60. The increase in RBL Bank share price follows the announcement of its strong deposit and advance growth as of 31 December 2024. The bank reported a significant increase in total deposits, which rose by 15.11% to ₹1,06,763 crore as of 31 December 2024, compared to ₹92,746 crore a year earlier (31 December 2023).

RBL Bank is strategically focusing on increasing the proportion of granular retail deposits in its overall deposit mix. As of 31 December 2024, deposits below ₹3 crore accounted for approximately 50.3% of the bank’s total deposits.

Liquidity Performance

The bank’s total Current Account Savings Account (CASA) deposits grew by 11.74%, reaching ₹35,020 crore as of 31 December 2024, compared to ₹31,338 crore a year earlier. The CASA ratio decreased to 32.8% from 33.8% during the same period last year. The bank’s liquidity coverage ratio (LCR) stood at 143% as of 31 December 2024, an improvement from 132% recorded as of 31 December 2023. RBL Bank’s gross advances saw a 13% increase, rising to ₹92,740 crore as of 31 December 2024 from ₹81,864 crore in the previous year.

Retail and Wholesale Advances

The bank highlighted that retail advances grew by 20% year-on-year (YoY), while wholesale advances increased by 5% YoY for the quarter ending 31 December 2024. Within the wholesale segment, commercial banking advances surged by 21% YoY. In the retail segment, secured retail advances (excluding credit cards and microfinance) grew by 37% YoY. The overall retail-to-wholesale advance mix was approximately 61:39.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.