RBLBANK

- RBL Bank announced Q3FY26 results

RBL Bank announced Q3FY26 results -

Net Profit at Rs 214 crore; impacted by one-off expenses of Rs 32 crore (pre-tax) on account of revision in definition of wages under New Labour Codes effective November 21, 2025. NII grew 5% YoY and 7% QoQ to Rs 1,657 crore; NIM at 4.63%. Other Income (excluding impact of one-off income on sale of strategic equity investment in Q3FY25) grew 13% YoY as well as QoQ to Rs 1,050 crore; Core Fee Income grew 10% YoY and 3% QoQ to Rs 959 crore. Operating Expenses grew 8% YoY and 2% QoQ to Rs 1,795 crore; Cost to Income ratio was 66.3% in Q3FY26 vs 70.7% last quarter. Operating profit (excluding above one-off impact in other income of Q3FY25) grew 7% YoY and 25% QoQ to Rs 912 crore. Net Advances grew 14% YoY and 3% QoQ to Rs 1,03,086 crore; Retail: Wholesale mix was 59:41. Secured Retail advances grew 24% YoY and 1% QoQ, as the Bank reduced IBPC outstanding from Rs 4500 crore to Rs 1500 crore; Unsecured Retail de-grew 5% YoY but grew 1% QoQ. Retail Advances grew by 10% YoY and 1% QoQ to Rs 60,611 crore. Wholesale advances grew by 21% YoY and 5% QoQ to Rs 42,475 crore; Commercial Banking grew faster at 30% YoY and 7% QoQ. Total Deposits grew 12% YoY and 3% QoQ to Rs 119,721 crore; CASA grew by 6% YoY and de-grew 1% QoQ to Rs 36,972 crore, CASA Ratio at 30.9%. Granular Deposits i.e. deposits less than Rs 3 crore grew faster at 15% YoY and 4% QoQ to Rs 61,632 crore; at 51.5% of total deposits. Total capital adequacy was 14.94% as of 31st December 2025 vs 15.02% as of 30th September 2025; CET 1 is 13.45% as of 31st December 2025 vs 13.51% as of 30th September 2025. Average LCR for Q3FY26 was 125%. GNPA down 45 bps QoQ to 1.88%; NNPA down 2 bps QoQ to 0.55%; Provision Coverage Ratio including Technical Write off was 93.2%. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24