RBL Bank shares fall 8.5% despite 169% Q2 FY27 profit rise

Varda Khade - 0 min read

Last Updated: 13th October 2026 - 03:30 pm

RBL Bank shares fell 8.5% on Tuesday even after the bank reported a 169% year-on-year rise in Q2 FY27 standalone net profit to ₹481.7 crore. Goldman Sachs cited subdued core retail loan growth and fee income, while CLSA cited higher credit costs and muted CASA growth.

RBL Bank’s NII rises 37.4% as margin reaches 4.61%

RBL Bank reported that net interest income for the July-September quarter reached ₹2,131 crore, up 37.4% from a year earlier. The bank’s net interest margin increased to 4.61% from 4.13% sequentially. However, gains in profitability failed to support the RBL Bank share price, which remained among the worst performers during the session.

RBL Bank was the biggest loser on the BSE 500 and Nifty 500

BSE and NSE data at 1:30 pm IST showed that RBL Bank was the biggest loser on both the BSE 500 and Nifty 500 indices on Tuesday.

Deposits rise 34% with FCNR inflows

RBL Bank reported that net advances grew 42% year on year and deposits grew 34% during the quarter. The bank said the deposit increase was aided by FCNR inflows under the Reserve Bank of India’s special scheme.

CLSA reported FCNR inflows of $3.4 billion. It also reported average CASA growth of 5% and said deposit costs remained above peers. CLSA said growth was driven by lower-yielding loans.

Gross NPA ratio falls to 1.02% as provisions increase

RBL Bank reported that its gross non-performing asset ratio declined to 1.02% from 1.30% in June. Provisions rose to ₹766.5 crore from ₹599.2 crore sequentially.

Citi reported that credit card stress was present during the quarter. It said card slippages eased to ₹125-130 crore in September, compared with ₹660 crore for the entire quarter.

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