The bank's capital adequacy ratio is at 16.08 per cent, much higher than the regulatory requirement of 11.5 per cent.
Amid
concerns over health of banks, private sector lender RBL
Bank said on Wednesday that it is financially strong with strong
governance set-up.
The
bank's capital adequacy ratio is at 16.08 per cent, much higher than
the regulatory requirement of 11.5 per cent.
In
a press statement, RBL said that it is well-capitalised, profitable
and a growing entity. Its stock on BSE
was up 11.9 per cent at Rs 232.5 per share in morning trades.
RBL
said there was no adverse change in asset quality and its guidance
remained consistent.
The
liquidity position of bank was healthy with the liquidity coverage
ratio (LCR) at 145 per cent of statutory requirements at the end of
last week, the statement said.
The
statement added that all business segments were doing well, the bank
continued to expand presence across newer geographies by adding
branches and was also hiring more people as previously planned.
The
bank is attracting additional deposits from retail, corporates and
institutional segments, the statement added.
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