GNPA down 25 bps YoY to 2.88%; NNPA up 1 bps YoY to 0.79%
FinTech BizNews Service
Mumbai, July 19, 2025: The Board of Directors of RBL Bank Limited approved the unaudited financial results for the quarter ended 30th June 2025 at its meeting held on Saturday, 19th July 2025.
Key highlights for Q1 FY26
· Operating profit grew 28% YoY to Rs 1,769 crore
· NII grew 14% YoY Rs 3,315 crore; NIM at 5.35%
· Other Income grew 25% YoY to Rs1,733 crore; Core Fee grew 21% YoY to `1,591 crore
· Operating Expenses grew 13% YoY to Rs3,279 crore; Cost to Income ratio improved to 65.0% vs 67.8% for H1 FY24
· Net Profit grew 2% YoY to Rs594 crore
· ROA at 0.88%; ROE at 7.79%
· Net Advances grew 15% YoY to Rs87,882 crore
· Retail Advances grew by 24% YoY to Rs54,723 crore; Retail: Wholesale mix was 62:38; Retail Secured advances grew 57% YoY
· Retail Disbursements for H1 FY25 was Rs8,400 crore vs Rs9,788 crore for H1 FY24
· 4.8 lakhs net customers added during H1 FY25
· Total Deposits grew 20% YoY to Rs107,959 crore; CASA Ratio at 33.6%
· Granular Deposits i.e. deposits less than Rs3 crore grew faster at 22% YoY and 4% QoQ to Rs52,223 crore; at 48.4% of total deposits
· Overall Capital Adequacy including H1 FY25 profits was 15.9% vs 15.6% as of June 2024; CET 1 was 14.2% vs 13.8% as of June 2024
· Average LCR for H1 FY25 was 133%
· GNPA down 25 bps YoY to 2.88%; NNPA up 1 bps YoY to 0.79%
· Provision Coverage Ratio including Technical Write off was 89.35%
· Operating profit grew 24% YoY to Rs910 crore
· NII grew 9% YoY Rs1,615 crore; NIM at 5.04%
· Other Income grew 32% YoY to Rs927 crore; Core Fee grew 21% YoY to Rs822 crore
· Operating Expenses grew 13% YoY to Rs1,632 crore; Cost to Income ratio improved to 64.2% vs 66.5% for Q2 FY24
· Net Profit at Rs223 crore; ROA at 0.64% and ROE at 5.76%
In reflecting on this quarter’s achievements, Mr. R Subramaniakumar, MD & CEO, RBL Bank remarked, “We are pleased to report another quarter of steady financial performance, demonstrating progress towards our strategic objectives. While we remain mindful of certain near-term challenges, our core operations continue to show resilience. Our cross-sell initiatives and ‘One Bank’ approach are beginning to deliver tangible results, enhancing customer engagement across multiple product lines.”
Results Summary for Q1 FY26
· Operating Performance:
o Net Profit for Q1 FY26 was Rs200 crore
o Operating profit for Q1 FY26 de-grew 18% YoY to Rs703 crore, mainly due to lower unsecured advances and repo rate cut
o Net Interest Income (NII) for Q1 FY26 de-grew by 13% YoY to Rs1,481 crore, NIM was 4.50%
o Other Income for Q1 FY26 grew 33% YoY to Rs1,069 crore
o Operating Expenses for Q1 FY26 grew 12% to Rs1,847 crore
o Cost to Income for Q1 FY26 at 72.4%
o Net Total Income for Q1 FY26 grew 2% YoY to Rs2,550 crore
· Deposits Growth predicated on Granular Retail Deposits:
o Total Deposits grew 11% YoY to Rs112,734 crore
o CASA grew 11% YoY to Rs36,614 crore. CASA ratio at 32.5%
o Granular Deposits i.e. deposits less than Rs3 crore grew 16% YoY & 5% QoQ to Rs57,934 crore; at 51.4% of total deposits
· Advances Growth with focus on secured retail assets & commercial banking:
o Net Advances grew 9% YoY to Rs94,431 crore
o Secured Retail Advances grew 23% YoY
o Retail Advances book grew 5% YoY to Rs56,625 crore
o Commercial Banking grew 32% YoY
o Retail: Wholesale advances mix at 60:40
· Well capitalized for medium term growth with healthy liquidity:
o Total capital adequacy improved 3bps YoY to 15.59% vs 15.56% as of 30th June 2024; Common Equity Tier 1 (CET 1) ratio improved 20bps YoY to 14.05% vs 13.85% as of 30th June 2024
o Average Liquidity Coverage Ratio for Q1 FY26 it was 152%
· Asset Quality Trend:
o Gross NPA ratio as at 30th June 2025 at 2.78% vs 2.69% as at 30th June 2024
o Net NPA ratio as at 30th June 2025 at 0.45% vs. 0.74% as at 30th June 2024
o Overall Provision Coverage Ratio including technical write offs was 94.2%
o The total provisions of the Bank including specific, general and contingent provision at 105% of GNP
Expanding Distribution Presence
o As of 30st June 2025, the Bank has 2,036 total touchpoints of which 562 are bank branches and 1,474 business correspondent branches. Of 1,474 BC branches, 297 are banking outlets. RBL Finserve Limited (“RBL Finserve”), a 100% subsidiary of the Bank, accounts for 1,167 business correspondent branches.
Key financials:
Rs in crore | Q1 FY26 | Q1 FY25 | YoY | Q4 FY25 | QoQ | FY25 | FY24 |
Net Interest Income | 1,481 | 1,700 | -13% | 1,563 | -5% | 6,463 | 6,043 |
Other Income | 1,069 | 805 | 33% | 1,000 | 7% | 3,806 | 3,043 |
Net Total Income | 2,550 | 2,505 | 2% | 2,563 | -1% | 10,269 | 9,086 |
Operating Expenses | 1,847 | 1,646 | 12% | 1,702 | 9% | 6,642 | 6,055 |
Operating Profit | 703 | 859 | -18% | 861 | -18% | 3,627 | 3,031 |
Net Profit | 200 | 372 | -46% | 69 | 192% | 695 | 1168 |
Rs in crore | June 30, 2025 | June 30, 2024 | YoY | March 31, 2025 | QoQ |
Advances | 94,431 | 86,704 | 9% | 92,618 | 2% |
Retail Advances | 56,625 | 53,737 | 5% | 55,703 | 2% |
Secured Retail Advances | 30,946 | 25,101 | 23% | 29,573 | 5% |
Deposits | 112,734 | 101,352 | 11% | 110,944 | 2% |
Granular Deposits | 57,934 | 49,980 | 16% | 55,213 | 5% |
CASA Deposits | 36,614 | 33,003 | 11% | 37,886 | -3% |
Average CASA Deposits for the Quarter | 29,351 | 27,692 | 6% | 30,966 | -5% |
Investments | 23,829 | 29,726 | -20% | 32,165 | -26% |
Key ratios:
Particulars (in %) | Q1 FY26 | Q1 FY24 | Q4 FY25 | FY25 | FY24 |
Net Interest Margin | 4.50 | 5.67 | 4.89 | 5.12 | 5.49 |
Cost to Income | 72.4 | 65.7 | 66.4 | 64.7 | 66.6 |
Return on Assets | 0.56 | 1.14 | 0.20 | 0.51 | 0.96 |
Return on Equity | 5.11 | 9.88 | 1.79 | 4.53 | 8.25 |
Gross NPA | 2.78 | 2.69 | 2.60 | 2.60 | 2.65 |
Net NPA | 0.45 | 0.74 | 0.29 | 0.29 | 0.74 |
PCR incl. Technical Write-offs |
