India's RBL Bank set to fall most in more than a year on Q3 profit miss

RBL Bank

19/01/2026 04:54

** RBL Bank RATB.NS falls 6.8% to 302.45 rupees; set for steepest one-day pct drop since December 20, 2024

** Private lender reports lower-than-expected Q3 profit, as it cut provisions for bad loans, other contingencies by 46%

** In October, Emirates NBD ENBD.DU agreed to buy 60% stake in RBL Bank for $3 billion, in India's financial sector's one of largest ever cross-border acquisitions

** Emkay expects RoA to gradually improve to 1%-1.3% as pressure from unsecured retail loans eases, with ENBD deal providing additional boost through lower funding costs, firmer growth

** Stock rated "buy" on avg; median PT is 315 rupees, per data compiled by LSEG

** YTD, RATB down 4.2%

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))