On Wednesday, RBL Bank has said its gross advances grew five per cent year-on-year to Rs 59,941 crore as of December 31, 2021. The bank said it is a provisional figure for Q3FY22.

The private sector lender had gross advances amounting to Rs 57,092 crore by the corresponding period a year ago.

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On a sequential basis, the gross advances jumped 3.5 per cent from Rs 57,939 crore at the end of September 30, 2021, RBL Bank said in a regulatory filing.

The bank’s retail advances were flat while wholesale advances grew eight per cent sequentially for the quarter ended December 31, 2021, it said without disclosing absolute figures.