RBL Bank Quarterly Profit Nearly Triples on Loan Growth
India's RBL Bank reported a near-threefold rise in second-quarter profit, helped by higher loan growth. Foreign-currency deposit inflows under a special central bank scheme also bolstered its funding base.
India's RBL Bank NSE:RBLBANK said Monday that profit for the second quarter nearly tripled, supported by loan growth. Inflows from foreign-currency deposits collected through a special central bank scheme also strengthened its funding base. 7700 Indian rupees)