RBL Bank

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• DebtLook closerRated AAA by 3 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 23% and profit rose 169% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters buyingThe promoters (founders or parent) own 60%, up from 0% in Sep 2025.
• ValuationExpensive vs its pastThe share trades at 45.1 times its yearly earnings (P/E), pricier than 92% of the time in the last 4 years. Its usual P/E is about 23.

RBL Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)45.1 against a typical 12.2: pricier than most peers (1st = cheapest).20th of 20
• Sales growth+23.2% against a typical +16.2% from a year earlier.2nd of 20
• Profit growth+169.3% against a typical +34.9% from a year earlier.2nd of 19
• Share price, 3 months−5.7% against a typical −5.9%.10th of 20
• Size₹ 53,547.2 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).7th of 17

Exchange filings and their impact on the company.

• 16 Oct 2026General UpdatesLow impactPositivePrice −0.7% on 19 Oct
  RBI approved merger of Emirates NBD's India branches into RBL Bank effective Dec 1, 2026.

  RBL Bank received RBI approval dated October 16, 2026 sanctioning the amalgamation of all Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank under Section 44A of the Banking Regulation Act. The merger will be effective December 1, 2026, after which those branches will operate as RBL Bank branches. This clears the final regulatory step for the deal first disclosed in November 2025 and adds a small branch and balance-sheet base to RBL.

  Full analysisFiling
• 12 Oct 2026Change in ManagementLow impactNeutralPrice −7.1% on 13 Oct
  RBL Bank ensured risk and compliance continuity with a new CRO and CCO re-appointment from November 1.

  RBL Bank said Chief Risk Officer Deepak Kumar will step down on October 31, 2026 on completion of his fixed-term contract. The board appointed Ashwini Kumar Choudhary, former Group CRO at Union Bank of India with over 27 years experience, as CRO from November 1, 2026. It also re-appointed Prakash Gupta as Chief Compliance Officer from November 1 for one year and eight months and updated its code for fair disclosure of price sensitive information.

  Full analysisFiling
• 12 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice −7.1% on 13 Oct
  Record Q2 profit up 170% with bad loans halved and Rs 26016 cr capital backing supercharges growth.

  RBL Bank reported Q2 FY27 standalone net profit of Rs 481.8 crore, up 170% from a year ago, on total income of Rs 5399.5 crore, up 21.6%. Asset quality improved sharply with Gross NPA at 1.02% versus 2.32% last year and Net NPA at 0.29%, while capital adequacy jumped to 30.1% after the Rs 26015.8 crore preferential investment by Emirates NBD in June 2026. Advances grew 41.6% year-on-year to Rs 142314 crore and deposits grew 34% to Rs 156272 crore, positioning the bank for strong profitable growth.

  Full analysisFiling
• 12 Oct 2026ESOP/ESOS/ESPSLow impactNeutralPrice −0.1% that day
  RBL Bank granted 5.65m stock options at Rs 418 with no near-term financial impact.

  RBL Bank's Nomination and Remuneration Committee granted 56.51 lakh stock options convertible into 56.51 lakh shares of Rs 10 each to eligible employees under ESOP 2013 and ESOP 2018. The exercise price is Rs 418 per option, the NSE closing price on October 9, 2026. The options vest 30%, 30% and 40% at the end of years one, two and three and can be exercised within five years of vesting.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

R. Subramaniakumar

Chief Executive Officer, Managing Director, Executive Director

Bhavin Lakhpatwala

Chief Financial Officer

Ravi Pichan

Chief Information Officer

Niti Arya

Compliance Officer, Company Secretary

Prakash Gupta

Chief Compliance Officer

Deepak Kumar

Chief Risk Officer

Jaideep Iyer

Executive Director, Head - Strategy

Narendra Agrawal

Head - Branch Banking and Retail Liabilities