RBL Bank: Nirmal Bang Institutional Equities said the bank is on an improving earnings growth trajectory, driven by healthy growth, margin expansion and stable asset quality.
Its core net interest income grew 26 per cent to Rs 1,475 crore on the back of a 21 per cent increase in advances and a wide expansion in the net interest margin to 5.54 per cent from 5.02 per cent a year ago.