RBL Bank Q2 results 2026 were a proper rebound. The private lender’s standalone net profit jumped about 170% year-on-year to ₹482 crore for the July–September quarter of FY27, up from ₹179 crore a year ago. The numbers for the quarter ended 30 September 2026 came out on 12 October. Net interest income (NII) grew about 37% to ₹2,131 crore, and both gross and net non-performing asset ratios improved on the previous quarter. It’s a crowded earnings week for banks and NBFCs; if you want a framework for reading these lines, our guide on how to analyse quarterly results walks through it.
CNBC-TV18 puts profit at ₹481.7 crore against ₹179 crore in Q2 FY26. Business Standard and ETBFSI round it to ₹482 crore and point to a step-up from ₹254 crore in Q1 FY27. Against the year-ago quarter, that’s roughly a 2.7-fold rise.
RBL Bank Q2 results 2026: NII, NIM and provisions
NII was up 37% year-on-year to ₹2,131 crore (CNBC-TV18 has it at 37.4%, from ₹1,551 crore) and up 29% quarter-on-quarter, Business Standard reported. Net interest margin widened 48 basis points sequentially to 4.61%, compared with 4.51% a year earlier. Other income rose 16% year-on-year to ₹1,077 crore.
Provisions, though, kept rising. CNBC-TV18 and Business Standard put them at ₹766.5 crore, against ₹599.2 crore in the previous quarter and ₹499.7 crore a year ago. ETBFSI put credit cost at 63 basis points, which includes an 11-basis-point standard-asset provision. So this profit jump came alongside heavier credit costs. It wasn’t a case of the bank going easy on provisioning.
Advances, deposits and the FCNR(B) overlay
Net advances grew 42% year-on-year to ₹1,42,314 crore. Retail advances were up 32% at ₹79,465 crore and wholesale up 56% at ₹62,849 crore, giving a 56:44 retail–wholesale mix. Inside retail, CNBC-TV18 noted, secured loans grew 52% while unsecured grew just 6%. Total deposits rose 34% to ₹1,56,272 crore, with a CASA ratio of 27.2%.
A good chunk of that balance-sheet growth came from FCNR(B) money. Business Standard and ETBFSI report that RBL raised about $3.4 billion (₹32,472 crore) under the RBI’s concessional FCNR(B) swap facility, and its international banking unit lent about $1.08 billion (₹10,309 crore) against those deposits. Strip that book out and management said underlying loan growth was around 30% and deposit growth about 6%, per ETBFSI. Capital adequacy stood at 30.1% and CET1 at 29% as of 30 September, and average LCR for the quarter was 148%, according to CNBC-TV18.
Asset quality and what it means for investors
Gross NPA came down to 1.02% from 1.30% in the previous quarter, and net NPA to 0.29% from 0.37%, according to CNBC-TV18, Business Standard and ETBFSI. The shares closed at ₹417.70 on the NSE on Monday, down 0.07%, before the results came out after market hours, CNBC-TV18 said.
If you’re tracking the earnings season, read the profit jump together with the FCNR(B) caveat on loan and deposit growth. Then watch how quickly credit costs come down while unsecured retail stays soft. Live market context is on our Stock Market Today India hub, and the bigger private-bank results later this week will set the peer benchmark.
Disclaimer: This article is for information only and is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
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