RBL Bank Limited – Investor Presentation Summary

Key Operational Highlights

  • Net Profit at Rs. 2.54 billion for Q1 FY27 (quarter ended June 30, 2026)
  • Net Interest Income (NII) for Q1 FY27 grew 12% YoY to Rs. 16.54 billion
  • Core Fee Income for Q1 FY27 grew 16% YoY to Rs. 9.23 billion
  • Operating Profit for Q1 FY27 grew 31% YoY to Rs. 9.23 billion
  • Advances grew by 23% YoY to Rs. 1,162.23 billion
  • Retail:Wholesale mix was 55:45
  • Secured Retail Advances constitute 57% of Total Retail Advances
  • Wholesale advances grew by 38% YoY to Rs. 520.27 billion
  • Retail advances grew 13% to Rs. 641.96 billion
  • Overall Average Deposits grew by 24% YoY to Rs. 1,293.62 billion
  • Average CASA Deposits grew 11% YoY at Rs. 325.92 billion
  • Average CASA ratio at 25.2%
  • Average Granular Deposits (less than Rs. 30 million) grew by 14% YoY to Rs. 643.21 billion
  • Average Granular TD (less than Rs. 30 million) grew by 21% YoY to Rs. 444.75 billion

Key drivers of operational performance: Strong loan growth across both retail and wholesale segments, improved fee income, and operational efficiency.

Segment-wise Performance

Retail Banking:

  • Retail advances grew 13% YoY to Rs. 641.96 billion
  • Secured Retail Advances constitute 57% of Total Retail Advances
  • Retail Agri disbursals include CCOD limits set up during the quarter

Wholesale Banking:

  • Wholesale advances grew by 38% YoY to Rs. 520.27 billion
  • Gross Advances Contribution (Q1FY27): Corporates 41%, Commercial 33%, Supply Chain 16%, Financial Institutions 10%
  • Corporate Banking EOP: Rs. 384.12 billion
  • Commercial Banking EOP: Rs. 146.42 billion

Explanation of significant changes in segment performance: Wholesale banking showed stronger growth (38% YoY) compared to retail banking (13% YoY), with corporate banking leading the wholesale segment.

Financial Highlights

Revenue: Not explicitly stated as single line item

NII: Rs. 16.54 billion

EBITDA: Not specified (banking presentation uses different metrics)

PAT: Rs. 2.54 billion

EPS: Not specified

Margins: Net Interest Margin was 4.13%

YoY/QoQ comparison: Net Profit grew 27% YoY (from Rs. 2.00 billion in Q1 FY26) and 10% QoQ (from Rs. 2.30 billion in Q4 FY26)

Drivers of financial performance: Higher NII growth (12% YoY), core fee income growth (16% YoY), and operating profit growth (31% YoY)

Comparison to market estimates: Not specified

Key Risks: Not explicitly disclosed in presentation

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Not specified

Balance Sheet Snapshot

Net Debt/Equity: Not specified

Reserves: Rs. 413.28 billion (as of June 2026)

Current Assets/Liabilities: Not specified

Working Capital/Leverage Metrics: Not specified

Financial Health Insights: Capital adequacy ratio & CET-1 including Q1FY27 profits as of 30th June 2026 was 33.3% & 32.2% vs 14.2% & 12.8% as of 31st March 2026

Capex & Cash Flow Health

Capital Expenditure: Not specified

Free Cash Flow: Not specified

Operating Cash Flow: Not specified

Net Debt Movement: Borrowings decreased 34% YoY to Rs. 98.03 billion

Investment Rationale: Not explicitly stated

Strategic & R&D Initiatives

Investments in Innovation: Digital banking transformation including 100% penetration of E-sign in MFI business, ~0.32 million files processed in Q1 through e sign/stamp platform, 6 L+ average daily API calls, 26.7k credit cards onboarded in Q1 via Account Aggregators Integration

Expected impact on growth: Not quantified

Strategic Rationale: Emirates NBD Bank PJSC infusion provides RBL Bank with a scalable platform in India, offering significant cross-border synergies

Industry Trends & Business Environment

Macro/Industry Trends: Not explicitly discussed

Impact on Company: Not specified

Management Commentary & Growth Outlook

Strategic Outlook: Not explicitly quoted

FY Guidance: Not provided

Market Share Targets: Not specified

Risks and Opportunities: Not highlighted

Transaction Update

  • Emirates NBD Bank PJSC infused approximately USD 2.75 billion (~INR 260 billion) to acquire 92,91,34,820 shares of RBL Bank at a price of Rs. 280 on 18 June 2026 by way of a preferential issue
  • Emirates NBD Bank PJSC holds 60% of the expanded share capital of RBL Bank Ltd.
  • Emirates NBD Bank PJSC has been classified as a promoter of the Bank
  • 5 Non-Executive Non-Independent Directors have been appointed on the Board of RBL Bank as Nominees of ENBD
  • The Amalgamation of the three branches of ENBD operating in India into RBL Bank is awaiting final approvals from authorities

Asset Quality

  • GNPA down 148 bps YoY at 1.30%, NNPA at 0.37%
  • PCR at 72.00%; PCR incl. Technical Write-off was 94.94%
  • Credit cost for Q1 FY27 was 54 bps
  • Net Slippages: Rs. 7.90 billion in Q1 FY27

Digital Banking Updates

  • Mobile App Ratings: 4.4
  • Transaction Volume: ~97 million monthly average (inward/outward)
  • IMPS/UPI: 14%
  • RTGS & NEFT: 5%
  • Value processed in Q1 FY27 under RDA: $1.7 billion (93% growth vs Q1 FY26)
  • PPI Customers: 0.47 million since inception
  • Active unique POS merchants: ~0.78 million
  • Total UPI Handle Issued: ~1.1 million since inception
  • Partnerships/Corporates: 495+

ESG Initiatives

  • Policy stipulation for managing Bank's own E&S footprint, and impact of lending as per IFC Performance Standards
  • Undertaken independent Business Responsibility and Sustainability Report (BRSR) Core Assurance beginning FY 2025–26
  • Climate risk management with thresholds defined for "high carbon emitting" industries
  • Voluntary target to achieve Carbon Neutrality within own operations by adopting Coal Policy to cap financing in coal based thermal power generation to reduce to net zero by FY 2034
  • Financial literacy programs through Biz. Correspondents (100% beneficiaries are women)
  • Corporate Social Responsibility: Funded 6 projects in FY25-26 across Health, Education and Livelihoods Opportunities, touching 1,00,000 beneficiaries