RBL Bank Q2 profit jumps 170%, Rs 395 support in focus

RBL Bank reported a 170 percent jump in Q2 profit after the 12 October close, and the stock trades near Rs 417.7 with Rs 395 support and Rs 422 resistance. RBL Bank Limited [

] closed at Rs 417.7 on 12 October 2026. The bank reported Q2 FY27 results after the close, so the market may react at the open. Standalone profit rose 170 percent year on year to Rs 482 crore from Rs 179 crore. Net interest income grew 37 percent to Rs 2,131 crore, and operating profit rose 92 percent to Rs 1,396 crore. Gross NPA eased to 1.02 percent from 1.30 percent in the previous quarter, and net NPA to 0.29 percent. On the daily chart, the stock has formed higher highs and higher lows inside a rising channel since March 2026. It has consolidated for nearly one month near the upper part of the channel after a strong move. RSI is near 56, a neutral reading. What next: Rs 422 is the resistance, and a close above it with volume may show the uptrend resuming. Rs 395 is the support, and a close below it may weaken the structure. Conclusion: the trend stays positive while price holds above Rs 395, and the opening reaction is the key. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security.