FY19 Q2 Earnings " RBL Bank "

RBL Bank net profit rise by 36% to Rs 205 cr. Non interest income rise and asset quality remain stable.

The banks costs of funds remain stable at 6.4% YOY basis but a higher yield helped the bank to improved margin.

" We have remain strong and clean even amidst market volatility this quarter. Our focus remain on maintaing robust asset quality and building a solid funding profile. We expect to continue growing faster than the system for the rest of the fiscal year as well," said Vishwavir Ahuja, CEO of RBL Bank.