RBL Bank540065Banking
RBL Bank shares fell nearly 7% as Q2 results showed declining CASA ratio, weak deposit growth excluding FCNR(B), elevated provisions, and management guidance of NIM pressure into Q3 FY27
By ScoutQuest · · 1 min read
- CASA ratio this quarter
- 24 percent
- CASA ratio year ago
- 25.2 percent
- CASA ratio last quarter
- 28.5 percent
- Reported deposit growth
- 34 percent
- Deposit growth ex FCNRB
- -1 percent QoQ
Heard on business television between 14:46:33 - 14:49:33 IST.
- CASA ratio fell to 24% from 25.2% YoY and 28.5% QoQ, driven by term and FCNR(B) deposit growth.
- Reported deposit growth was 34% but excluding FCNR(B) deposits, deposits fell 1% QoQ; reported advances grew 42% but underlying loan growth was about 30% excluding FCNR(B).
- Provisions rose to around 766 crore rupees QoQ and YoY, with credit cost up to 63 bps from 54 bps QoQ.
- Management expects NII to decline in Q3 FY27 as surplus FCNR(B) liquidity gets deployed into wholesale and secured retail loans, pressuring NIMs; bank plans to add about 1000 branches in 2.5-3 years, raising opex; loan growth expected to moderate to 22-25%.
- Potential IRDA distribution reforms could impact 50-60% of the roughly 300 crore annual income from this segment.
- Stock hit its lowest level in 28 sessions, biggest single-day loss since October 2024, after hitting a seven-year high in September 2026.
- Goldman Sachs maintained sell with target raised to 310; ICICI Securities maintained add with target hiked to 460; Axis Capital maintained reduce.
- A guest said bank's shift to secured/wholesale lending will pressure margins, fee income hit from IRDA rules, and ROE likely to stay 6-8% through FY28-29; said stock is fairly valued at current price and prefers Axis Bank over RBL.
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from RBL Bank
RBL Bank held one-on-one video investor meets with Citadel and Bajaj Asset Management on October 23, 2026
23 Oct 2026
RBL Bank held one-on-one investor meets with Breakout Capital and Canara Robeco Asset Management on October 19, 2026
19 Oct 2026
RBL Bank receives RBI approval for amalgamation of Indian branches of Emirates NBD Bank
16 Oct 2026
Source: Live TV News Channel · 13 Oct 2026
The call above is Goldman Sachs's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.