The provision coverage ratio (PCR) remained at 72.2% during the March quarter, compared to 64% in Q4FY20 and 68.8% in Q3FY21.
The capital adequacy ratio (CAR) remained at 17.5% with CET1 ratio of 16.6% at the end of March 2021.
Private lender RBL Bank on Monday reported a 34% year-on-year (y-o-y) drop in net profit to Rs 75 crore as core income declined and provisions rose. The lenders net interest income (NII) declined 11% YoY to Rs 906 crore. Similarly, provisions rose 25% YoY to Rs 766 crore. Operating profit, however, increased 17% YoY to Rs 877 crore.