RBL Bank Reports Q3 FY26 Results with Net Profit of 214 Crore

RBL Bank Limited has released its unaudited financial results for the quarter ending December 31, 2025. The Board of Directors approved these results on January 17, 2026. The bank reported a net profit of 214 crore, which was affected by one-off expenses of 32 crore due to revisions in wage definitions under new labor codes effective from November 21, 2025. The Net Interest Income (NII) for the quarter increased by 5% year-on-year (YoY) and 7% quarter-on-quarter (QoQ) to 1,657 crore, with a Net Interest Margin (NIM) of 4.63%.

Other income, excluding the impact of one-off income from the sale of strategic equity investment in the previous year, grew by 13% YoY and QoQ to 1,050 crore. Core Fee Income increased by 10% YoY and 3% QoQ to 959 crore. Operating expenses rose by 8% YoY and 2% QoQ to 1,795 crore, resulting in a cost-to-income ratio of 66.3% compared to 70.7% in the previous quarter. The operating profit, excluding the one-off impact from the previous year, grew by 7% YoY and 25% QoQ to 912 crore.

RBL Bank’s total deposits increased by 12% YoY and 3% QoQ to 119,721 crore. The Current Account Savings Account (CASA) deposits grew by 6% YoY but decreased by 1% QoQ to 36,972 crore, with a CASA ratio of 30.9%. Granular deposits, defined as deposits less than 3 crore, grew by 15% YoY and 4% QoQ to 61,632 crore, accounting for 51.5% of total deposits.

Net advances increased by 14% YoY and 3% QoQ to 103,086 crore, with a retail to wholesale advances mix of 59:41. Secured retail advances grew by 24% YoY and 1% QoQ, while unsecured retail advances decreased by 5% YoY but grew by 1% QoQ. Retail advances overall grew by 10% YoY and 1% QoQ to 60,611 crore. Wholesale advances increased by 21% YoY and 5% QoQ to 42,475 crore, with commercial banking growing at 30% YoY and 7% QoQ.

The bank’s capital adequacy ratio was 14.94% as of December 31, 2025, compared to 15.02% as of September 30, 2025. The Common Equity Tier 1 (CET 1) ratio was 13.45% as of December 31, 2025. The average Liquidity Coverage Ratio (LCR) for the quarter was 125%. The Gross Non-Performing Assets (GNPA) ratio improved by 45 basis points QoQ to 1.88%, while the Net NPA ratio decreased by 2 basis points QoQ to 0.55%. The Provision Coverage Ratio, including technical write-offs, was 93.2%.

RBL Bank operates through a network of 1,921 touchpoints, including 580 bank branches and 1,341 business correspondent branches. Of these, 291 are banking outlets. RBL Finserve Limited, a wholly-owned subsidiary, accounts for 1,084 business correspondent branches.

RBL Bank is a private sector bank in India, offering a wide range of banking products and services. The bank focuses on innovation, customer-centricity, and digital transformation, serving over 15.11 million customers. It aims to be a ‘Bank of Choice’ by fostering relationships built on trust and transparency.