RBL Bank Reports Q2 Net Profit Growth to Rs 482 Crore
13 Oct 2026Updated 2 hr ago1 source
RBL Bank reported a significant rise in its second-quarter net profit to Rs 482 crore, up from Rs 179 crore during the same period last year. While the bank's gross non-performing assets improved to 1.02% from 1.30% quarter-on-quarter, brokerage firms like Citi and Goldman Sachs raised concerns over elevated provisions.
NIKAN Intelligence
What happened
RBL Bank's net profit rose to Rs 482 crore from Rs 179 crore in the previous year's corresponding quarter. Additionally, its gross non-performing assets (NPA) declined from 1.30% to 1.02% quarter-on-quarter.
Why it matters
The bank's financial recovery draws mixed reactions from global brokerages, with Citi seeing positive recovery signs while Goldman Sachs flags slower gains on credit costs.
What we know
- Net profit increased to Rs 482 crore from Rs 179 crore year-on-year.
- Gross NPA decreased to 1.02% from 1.30% quarter-on-quarter.
- Brokerages remain concerned about elevated provisions.
What we don't know
- The exact timeline for resolving the elevated provisions concern.
- Specific details on what led to the high provisions.
Generated by NIKAN's analysis engine from the cited reports only. Nothing here is invented; gaps are shown as unknowns. Always read the original coverage linked below.
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