Bank is financially strong, well

capitalised and profitable: RBL

Bank

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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