RBL Bank raises $150m via FCNR, targets NRI deposits for growth

raised about $150 million through Foreign Currency Non-Resident (FCNR) deposits within a month. The bank reported a 27% rise in net profit to ₹254 crore for Q1FY27, with net interest margin narrowing to 4.13% due to lower funding costs and falling yields on advances. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.