RBL Bank’s net profit surged 170% year-on-year (YoY) to ₹482 crore in the quarter ended September, driven by higher net interest income and improved asset quality.
Net interest income (NII) rose 37% to ₹2,131 crore, while net interest margin (NIM) stood at 4.61%. Operating profit jumped 92% to ₹1,396 crore. Operating expenses increased 3% year-on-year and 7% sequentially to ₹1,812 crore.
The bank’s net advances grew 42% YoY to ₹1.42 lakh crore, while total deposits rose 34% to ₹1.56 lakh crore. The current account and savings account (CASA) ratio stood at 27.2%.
Asset quality improved, with gross non-performing assets (GNPA) declining 131 basis points YoY to 1.02%. Net non-performing assets (NNPA) fell 28 basis points to 0.29%.
The bank’s capital adequacy ratio stood at 30.1% as of September 30, down from 33.3% in the preceding quarter.
RBL Bank mobilised $3.4 billion (₹32,472 crore) through the Reserve Bank of India’s concessional FCNR(B) swap facility by August 31.
Speaking during the post-earnings conference call, Managing Director and Chief Executive Officer R. Subramaniakumar said the bank aims to deploy its remaining liquidity fully into the wholesale banking segment to strengthen its ability to underwrite larger exposures over the medium term.
“The Indian economy continues to demonstrate resilience, supported by robust domestic demand, healthy services activity, improving manufacturing momentum, and sustained investments,” he said, adding the overall medium-term operating environment within India remains favourable and offers meaningful potential for growth.
Subramaniakumar said system-wide banking asset quality remained robust and that the bank was constructive about the outlook for the banking sector.
Published - October 12, 2026 09:52 pm IST