Q2 FY27 unaudited results: net profit ₹482 crore, up 170% YoY; GNPA eases to 1.02%

Board approved the unaudited financial results for the quarter and half year ended September 30, 2026.

Mon 12 Oct 2026

Net Profit

₹482 crore, up 170% YoY

Net Interest Income

₹2,131 crore, up 37% YoY; NIM 4.61%

Gross NPA

1.02% vs 2.32%

The Board of Directors approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026, at its meeting held on Monday, October 12, 2026.

Profitability

• Net profit for Q2 FY27 was ₹482 crore, against ₹179 crore in Q2 FY26, a rise of 170% YoY.
• Net Interest Income (NII) was ₹2,131 crore, up 37% YoY, with Net Interest Margin at 4.61%.
• Other Income was ₹1,077 crore, up 16% YoY, and Core Fee Income was ₹1,040 crore, up 12% YoY.
• Net Total Income was ₹3,208 crore, up 29% YoY.
• Operating Expenses were ₹1,812 crore, up 3% YoY, and the Cost to Income ratio improved to 56.5%.
• Operating Profit was ₹1,396 crore, up 92% YoY.
• Credit Cost for the quarter was 63 bps.

Deposits and advances

• Total Deposits were ₹156,272 crore, up 34% YoY; Average Total Deposits grew 24% YoY to ₹135,214 crore.
• CASA ratio was 27.2%; Average CASA ratio was 24.0%.
• Granular deposits, i.e. deposits less than ₹3 crore, grew 16% YoY to ₹68,877 crore, at 44% of total deposits.
• Net Advances were ₹142,314 crore, up 42% YoY. Retail advances were ₹79,465 crore (up 32% YoY) and wholesale advances ₹62,849 crore (up 56% YoY), with a retail:wholesale mix of 56:44.
• Within retail, secured retail advances grew 52% YoY to ₹51,933 crore and unsecured retail advances grew 6% YoY to ₹27,532 crore.
• Investments were ₹42,928 crore, up 49% YoY.

Asset quality and capital

• Gross NPA ratio was 1.02% as of September 30, 2026, against 2.32% as of September 30, 2025; Net NPA ratio was 0.29% against 0.57%.
• Provision Coverage Ratio including technical write-offs was 95.31%.
• Total capital adequacy was 30.1% as of September 30, 2026, compared with 33.3% as of June 30, 2026; CET 1 was 29.0% against 32.2%.
• Average Liquidity Coverage Ratio for Q2 FY27 was 148%.

Distribution network

• As of September 30, 2026, the Bank had 1,954 total touchpoints, of which 628 are bank branches and 1,326 business correspondent branches. Of the 1,326 BC branches, 248 are banking outlets. RBL Finserve Limited, a 100% subsidiary, accounts for 1,076 business correspondent branches.

Management view

• The MD & CEO described the quarter as showing strength and resilience of the franchise, with growth across assets and liabilities, and referred to significant FCNIR deposit mobilisation creating additional flexibility to support future growth.

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