RBL Bank’s Net Profit Grew 170% YoY At Rs482 Cr

GNPA down 131 bps YoY to 1.02%; NNPA down 28 bps YoY to 0.29%; Provision Coverage Ratio including Technical Write-off was 95.31%

FinTech BizNews Service    

Mumbai, 12 October, 2026: The Board of Directors of RBL Bank Limited approved the unaudited financial results for the quarter ended 30th September 2026 at its meeting held on Monday, 12th October 2026.

Q2 FY27 Results at a glance 

Ø  Net Profit of Rs482 crore; grew 170% YoY

Ø  NII grew 37% YoY to Rs2,131 crore; NIM at 4.61%

Ø  Other Income grew 16% YoY to Rs1077 crore; Core Fee Income grew 12% YoY to Rs1040 crore

Ø  Operating Expenses grew 3% YoY and 7% QoQ to Rs1,812 crore; Cost to Income ratio improved to 56.5% in Q2 FY27 from 64.7% in Q1 FY26

Ø  Operating profit grew 92% YoY to Rs1396 crore

Ø  Net Advances grew 42% YoY to Rs142,314 crore; Retail: Wholesale mix was 56:44

Ø  Secured Retail advances grew 52% YoY; Unsecured Retail advances grew 6% YoY

Ø  Retail Advances grew 32% YoY to Rs79,465 crore

Ø  Wholesale advances grew 56% YoY to Rs62,849 crore; Commercial Banking grew at 47% YoY

Ø  Total Deposits grew 34% YoY to Rs156,272 crore; CASA Ratio at 27.2%; Average Total Deposits grew 24% YoY to Rs135,214; Average CASA Ratio at 24%

Ø  Granular Deposits i.e. deposits less than Rs3 crore grew at 16% YoY to Rs68,877 crore; at 44% of total deposits

Ø  Total capital adequacy was 30.1% as of 30th September 2026 vs 33.3% as of 30th June 2026; CET 1 is 29.0% as of 30th September 2026 vs 32.2% as of 30th June 2026

Ø  Average LCR for Q2 FY27 was 148%

Ø  GNPA down 131 bps YoY to 1.02%; NNPA down 28 bps YoY to 0.29%; Provision Coverage Ratio including Technical Write-off was 95.31%

Reflecting on this quarter’s performance, Mr. R Subramaniakumar, MD & CEO, RBL Bank remarked,

 The quarter demonstrated the strength and resilience of our franchise, with excellent growth across assets and liabilities and strong financial performance. We successfully enhanced our funding profile through significant FCNR deposit mobilisation, creating additional flexibility to support future growth. These achievements reflect the growing trust of our customers, the dedication of our teams, and our continued commitment to building a stronger, more relevant bank for the future”

Results Summary for Q2 FY27

• Operating Performance:
  • Net Interest Income (NII) for Q2 FY27 grew 37% YoY at Rs2,131 crore NIM for the quarter was 4.61%
  • Other Income for Q2 FY27 grew 16% YoY to Rs1,077 crore
  • Core Fee Income for Q2 FY27 grew 12% YoY to Rs1,040 crore
  • Net Total Income for Q2 FY27 grew 29% YoY to Rs3,208 crore
  • Operating Expenses for Q2 FY27 grew 3% YoY to Rs1,812 crore
  • Cost to Income for Q2 FY27 at 56.5%
  • Operating profit for Q2 FY27 grew 92% YoY to Rs1,396 crore
  • Credit Cost for Q2 FY27 was 63bps
  • Net Profit for Q2 FY27 grew 170% YoY to Rs482 crore
• Deposits Growth predicated on Granular Retail Deposits:
  • Total Deposits grew 34% YoY to Rs156,272 crore; Average Total Deposits grew 24% YoY to

Rs135,214 crore

• CASA deposits grew 14% YoY for Q2 FY27;
• CASA ratio at 27.2%; Average CASA ratio at 24.0%
• Granular Deposits i.e. deposits less than Rs3 crore grew 16% YoY to Rs68,877 crore; at 44% of total deposits
• Total CASA + TD < Rs. 3 crores at 58% of Total Deposits
• Advances Growth with focus on secured retail assets & commercial banking:
  • Net Advances grew 42% YoY to Rs142,314 crore;
  • Wholesale advances grew by 56% YoY Rs62,849 crore; Commercial Banking grew 47% YoY
  • Retail Advances book grew 32% YoY to Rs79,465 crore
  • Secured Retail Advances grew 52% YoY to Rs51,933 crore; Unsecured Retail Advances grew 6% YoY to Rs27,532 crore
  • Retail: Wholesale advances mix at 56:44
• Well capitalized for medium term growth with healthy liquidity:
  • Total capital adequacy was at 30.1% as of 30th September 2026 vs 33.3% as of 30th June 2026;

CET-1 was 29.0% as of 30th September 2026 vs 32.2% as of 30th June 2026

• Average Liquidity Coverage Ratio for Q2 FY27 was 148%
• Asset Quality Trend:
  • Gross NPA ratio as at 30th September 2026 was 1.02% vs 2.32% as at 30th September 2025
  • Net NPA ratio as at 30th September 2026 was 0.29% vs. 0.57% as at 30th September 2025
  • Provision Coverage Ratio including technical write offs was 95.31%
• Expanding Distribution Presence
  • As of 30th September 2026, the Bank has 1,954 total touchpoints of which 628 are bank branches and 1,326 business correspondent branches. Of 1,326 BC branches, 248 are banking outlets. RBL Finserve Limited (“RBL Finserve”), a 100% subsidiary of the Bank, accounts for 1,076 business correspondent branches.

Key financials:

Key ratios: