RBL Bank Slides 3% After 46% Drop in Q1 Net Profit on Weaker NII, Higher Costs

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shares fell 3% to ₹255.45 after Q1 FY26 net profit plunged 46% YoY to ₹200.33 crore, impacted by a 13% decline in Net Interest Income to ₹1,481 crore and a 12% rise in operating expenses. While gross NPAs inched up to 2.78%, net NPAs improved to 0.45%. HDFC Securities retained a 'reduce' rating with a ₹200 target, highlighting muted loan growth and a high unsecured lending mix.