RBL Bank Q2 FY27 Net Profit Nearly Triples to ₹482 Crore on 42% Loan Growth and ₹32,472 Crore FCNR(B) Mobilisation

• Underlying Growth Momentum: Excluding the FCNR(B)-linked component, MD & CEO R. Subramaniakumar noted that underlying loan growth remained strong at ~30% YoY, while underlying deposit growth stood at 6% YoY (with retail term deposits up 16% and average CASA at ~24%).
• Deployment-Linked Liability Strategy: "We will raise deposits only to the extent of deployment. We will not be raising deposits just for the sake of raising deposits," Subramaniakumar stated, adding that the ~30% underlying credit growth will remain the bank’s baseline going forward.

Pivot to Secured Lending and Sharper Asset Quality

1. Decisive Mix Shift: Wholesale advances jumped 56% YoY and secured retail advances surged 52% YoY, whereas unsecured retail advances grew a calibrated 6% YoY.
2. Asset Quality Gains: Gross NPA (GNPA) declined 28 bps sequentially to 1.02% (from 1.30% in Q1 FY27), while Net NPA (NNPA) stood at 0.29%. Total credit cost for the quarter was 63 basis points, including an 11-bps standard asset provision.