India's RBL Bank posts higher profit on strong loan growth

RBL Bank

17/07/2026 13:03

BENGALURU, July 17 (Reuters) - India's RBL Bank RATB.NS reported an increase in its first-quarter profit on Friday, driven by robust loan growth, particularly in the corporate banking segment.
Here are some details:
The company's quarterly net profit rose 27% over the year earlier to 2.54 billion rupees ($26.38 million).
Net interest income, the difference between interest earned on advances and paid on deposits, grew 12% to 16.54 billion rupees.
Indian lenders saw strong credit growth during the quarter as corporate borrowing picked up and demand for personal loans, gold loans and small-business financing remained resilient.
RBL Bank's net advances grew 23% over the year earlier, with wholesale advances, including corporate loans, surging 38%.
Its net interest margin shrunk to 4.13% from 4.41% in the preceding three-month period.
Last month, Emirates NBD Bank ENBD.DU completed its acquisition of a 60% stake in the lender, marking one of the largest cross-border deals in India's financial sector.
($1 = 96.2800 Indian rupees)

 (Reporting by Nishit Navin; Editing by Shilpi Majumdar)
 ((Nishit.Navin@thomsonreuters.com;))