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.

• Overnight Stock Market Movements: Key Developments 
• KPI Green Energy Shares Rally 5% on Bagging 120 MW Order 
• Surya Roshni Rises 2.7% on Demerger Reports, US Orders
• Benchmark Indices Fell 200 Points from day High
• Apollo Micro Systems Jumps 9% on Record FY26 Profit

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.