Noida, Oct 12 (APAC Media): RBL Bank on Monday reported a 170 per cent year-on-year jump in consolidated net profit to Rs 482 crore in the second quarter of FY27, up from Rs 179 crore in the corresponding period last year.
RBL Bank’s net interest income (NII) rose 37 per cent year-on-year to Rs 2,131 crore in the second quarter of FY27, while net interest margin (NIM) stood at 4.61 per cent.
Other income grew 16 per cent year-on-year to Rs 1,077 crore, while core fee income increased 12 per cent to Rs 1,040 crore. Net total income rose 29 per cent to Rs 3,208 crore during the quarter.
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Operating expenses increased 3 per cent year-on-year to Rs 1,812 crore, with the cost-to-income ratio at 56.5 per cent. Operating profit surged 92 per cent to Rs 1,396 crore, while credit cost stood at 63 basis points.
“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.” said R Subramaniakumar, MD & CEO, RBL Bank.
RBL Bank’s total deposits rose 34 per cent year-on-year to Rs 1,56,272 crore, while average total deposits grew 24 per cent to Rs 1,35,214 crore in the second quarter of FY27.
CASA deposits increased 14 per cent year-on-year during the quarter, with the CASA ratio at 27.2 per cent and the average CASA ratio at 24 per cent.
Granular deposits, defined as deposits below Rs 3 crore, grew 16 per cent year-on-year to Rs 68,877 crore, accounting for 44 per cent of total deposits. The combined share of CASA deposits and term deposits below Rs 3 crore stood at 58 per cent of total deposits.
As of September 30, 2026, the bank had 1,954 touchpoints, comprising 628 bank branches and 1,326 business correspondent (BC) branches. Of the BC branches, 248 were banking outlets. RBL Finserve Ltd, a wholly owned subsidiary of the bank, accounted for 1,076 business correspondent branches.
-ENDS–
Disclaimer: This article is for informational purposes only and is based on publicly available information. APAC Media is not responsible for investment decisions or losses. Please conduct your own research or consult a financial adviser before investing.
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