RBL Bank shares plunge over 6% even after a seven-fold surge in Q2 profit

The bank’s gross NPA ratio improved to 3.80% at the end of September from 4% three months back. The net NPA ratio was 1.26% as compared to 1.16% in the previous quarter. The bank’s advances rose 12% year-on-year (YoY) to Rs Rs 62,942 crore while total deposits grew 5% to Rs. 79,404 crore.