RBL Bank posted a standalone net profit of ₹21.4 crore for the quarter ended December, compared to ₹32.6 crore a year earlier.
Analysts had expected a profit of ₹29.4 crore, according to data compiled by LSEG based on estimates from four analysts.
Profits rose as the bank cut provisions for bad loans and other risks by 46 percent.
The private lender’s net interest income rose 5 per cent to ₹165.7 crore billion rupees for the third quarter, while loans posted strong growth of 14 per cent, helped by robust lending growth in its retail portfolio.
The bank’s deposit base grew 12 percent during the quarter.
In October, Emirates NBD agreed to buy a 60 percent stake in RBL Bank for $3 billion, in one of the largest cross-border takeovers ever involving the Indian financial sector.
The transaction was part of a series of cross-border deals in India last year, months after Japan’s Sumitomo Mitsui Banking Corporation decided to buy up to 25 percent of Yes Bank.
The lender said it has reduced the growth of its unsecured loan portfolio, which is considered riskier, while ramping up growth in mortgages and auto loans, the bank’s CEO R. Subramaniakumar said at a news conference after the earnings report.
The bank will also focus on lending to small businesses and providing services to non-resident Indians as it integrates with Emirates NBD’s network, he said.
RBL Bank’s asset quality improved; the gross non-performing asset ratio stood at 1.88 percent at the end of December, compared to 2.32 percent at the end of September.
Published on January 17, 2026
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