The net slippages in the microfinance portfolio was at Rs 531 crore and credit cards at Rs 533 crore in the quarter. “Part of swelling up in slippages this time is because of macro growth immediately after Covid-19 and transition impact as we were taking over the collections of BFL (Bajaj Finserv).
RBL Bank increases fixed deposit interest rates, offers up to 8.“We continue to carry a full contingent provisioning of Rs 273 crore, which should help us in dealing with above trend slippage that we expect next quarter (Q4).
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