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Results: RBL s PAT flat at Rs 508 crore for FY 2021; down by 34% in Q4 FY 2021

: Tuesday, May 4, 2021, 7:04 PM IST Results: RBL’s PAT flat at Rs 508 crore for FY 2021; down by 34% in Q4 FY 2021 Results: RBL’s PAT flat at Rs 508 crore for FY 2021; down by 34% in Q4 FY 2021 Mumbai-headquartered private sector bank reported a 34 per cent decline in profit after tax (PAT) in Q4 FY21. It reported a PAT of Rs 75 crore in Q4 FY21, compared to Rs 114 crore in Q4 FY20. In the full year ending March 2021, the PAT of the company was at Rs 508 crore, a marginal rise from Rs 506 crore in FY 2020. According to the bank’s filing, the total revenue grew 5 per cent YOY to Rs 1,594 crore in the fourth quarter ending March 31, 2021, from Rs 1,522 crore in Q4 FY 2020. Meanwhile, the net interest income de-grew 11 per cent YOY to Rs 906 crore.

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