Important StoriesRetail inflation jumps to 21 months high of 5.54% in SeptemberRobert E. Hall, Michael Woodford win economics Nobel for work on economic shockNorth-Eastern Monsoon Nears: Heavy rain in TN, Kerala, Karnataka, Coastal Andhra PradeshCanadian Trade Minister leads biggest trade delegation to India in 30 years as FTA talks gather paceSEBI notifies common ad code for market intermediaries; allows celebrity endorsement for brandsFollow UsFOLLOW US ON WHATSAPPHomeGO BACK TO HOME THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. RBL Bank PAT doubles to ₹481.7 crore on FCNR(B) boost in Q2FY27 Net interest income increased 37.4 per cent to ₹2131 crore By Ashokamithran T Updated - October 12, 2026 at 08:28 PM. | Mumbai ×ShareWhatsAppXFacebookLinkedInMessengerRedditMailhttps://www.thehindubusinessline.com/money-and-banking/rbl-bank-pat-doubles-to-4817-crore-on-fcnrb-boost-in-q2fy27/article71575698.eceCopy The bank’s gross advances grew 42 per cent to ₹1.42 lakh crore and gross deposits grew 34 per cent to ₹1.57 lakh crore.

RBL Bank’s standalone net profit increased 2.7 times to ₹481.7 crore in quarter ended September 30 2026, against ₹178.52 crore in the year-ago period.

The PAT increased 1.9 times sequentially from ₹253.7 crore in the prevoius quarter.

The bank beat Bloomberg estimates of ₹479 crore by a small margin.

The lender’s net interest income increased 37.4 per cent to ₹2131 crore in the reporting quarter. This was ₹1550.7 crore in the corresponding period last year. Net interest margin increased to 4.61 per cent in the reporting quarter as against 4.51 per cent in the year ago period.

The bank’s gross advances grew 42 per cent to ₹1.42 lakh crore and gross deposits grew 34 per cent to ₹1.57 lakh crore. The credit to deposit ratio is expected to be 90 per cent in the current quarter. The bank received $3.4 billion in FCNR(B) deposits , which grew at 6 per cent on a year-on-year basis. CASA grew 14 per cent year-on-year to ₹42,526 crore.

The large headline loan growth, however, was on account of a ₹10,300 crore leverage provided to FCNR(B) depositors. Not including the leverage to FCNR(B) deposits, the loan growth came-in at about 31 per cent on a year-on-year basis.

In the secured retail category, the overall lending grew 52 per cent to ₹52,000 crore. However, loan growth slowed by 2-3 percentage points year-on-year on all segments except gold loan, which quickened 2 percentage points to 8 per cent. The bank lent ₹10,300 crore against FCNR(B) deposits, taking other deposits to 28 per cent of secured retail loans. The growth in loan book and FCNR(b) leveraged led the the bank setting a provision of ₹766.5 crore, which is 53 per cent more than the provisions in the same quarter last fiscal. The increase in provisioning cost that comes from FCNR(B) is one time , a senior official of the bank said.

In terms of asset quality, Gross Non-Profitable to Assets (GNPA) as a share of gross advances dipped to 1.02 per cent in the reporting quarter, as against 2.32 per cent in the year-ago period. The NNPA share in net advances also improved to 0.29 per cent compared with 0.57 per cent in the corresponding quarter last fiscal.

“Our normal business trends are improving quarter on quarter as unsecured structure normalises. At the same time, we are working on putting together building blocks which we will articulate in greater detail over the coming months. But briefly, we would focus on deepening and starting new relationships with large corporates which were not accessible earlier either due to a constraint of the credit rating and capital positions are our cost of funds,” said R Subramaniakumar, MD and CEO of RBL Bank while addressing the media in the call.

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