RBL Bank Q2 Results: Net Profit Dips 20%, NII Down 4%; To Sell Controlling Stake To Dubai-Based Lender
The lenders provision's were down 19% to Rs 499 crore compared to Rs 618 crore in the same quarter last year.
RBL Bank Ltd.'s net profit for the second quarter of FY26 declined 20%, as per an exchange filing with the results on Saturday.
The bank reported a standalone bottom-line of Rs 178 crore, compared to Rs 222 crore in the year-ago period.
Net interest income or NII for the quarter stood at Rs 1,551 crore, down 4% from Rs 1,615 crore in the comparable quarter
The lender's provisions were down 19% to Rs 499 crore compared to Rs 618 crore in the same quarter last year.
Gross NPA ratio went down 46 basis points sequentially to 2.32% from 2.78% while Net NPA ratio rose 12 basis points to 0.57% against 0.45% in the previous quarter. RBL's advances stood at Rs 1.0 lakh crore while deposits stood at Rs 1.16 lakh crore as of Sept 30., 2025.
Further, the bank has confirmed a majority stake sale to Dubai-based lender Emirates NBD and will raise funds up to Rs 26,853 crore from the entity accordingly.
RBL Bank will sell 95.9 crore shares to Emirates NBD at Rs 280 each, which marks nearly a 7% discount to the stock's previous closing price. The fund infusion will result in a stake acquisition equivalent to 60% of the post preferential equity share capital of the bank. The India branch of Emirates NBD will be merged with RBL Bank following the fundraise.
RBL Bank Q2 Highlights (YoY)
Net Profit down 20% at Rs 178 crore versus Rs 222 crore
Net interest income down 4% at Rs 1551 crore vs Rs 1615 crore
Other income up 1% at Rs 932 crore vs Rs 927 crore
Provisions down 19% at Rs 499 crore versus Rs 618 crore
