RBL Bank reported a three-fold jump in fourth-quarter profit ​on Saturday, helped by strong loan growth.

The private ‌lender posted a standalone net profit ​of ₹230 crore ($24.41 million) ⁠for the quarter ended March 31, compared with ₹68.7 crore a year earlier.

After months ‌of slower growth, Indian lenders saw a pick-up in credit demand in ‌the second half of the ‌financial ⁠year, aided by consumption tax cuts and ⁠a recovery in corporate loans.

RBL's loans grew 23 per cent in its fourth quarter from a year earlier, ​while deposits rose ‌25 per cent.

Net interest income - the difference between interest earned on advances and paid on deposits - grew 7 per cent to ₹1671 crore.

Earlier this ‌month, RBI approved Emirates NBD ​Bank's proposal to acquire a majority stake in RBL Bank, giving ⁠a key regulatory clearance for one of the largest cross-border deals in India's financial ‌sector.

Last October, Emirates NBD announced plans to acquire a 60 per cent stake in the Indian lender for $3 billion.

RBL Bank will be classified as a foreign bank subsidiary with Emirates NBD as its parent, the ‌Reserve Bank of India said in its approval, ​which is valid for a year.

The bank's gross bad loans as ⁠a percentage of total loans improved to 1.45 per cent, ⁠as of the end of March, from 1.88 per cent in the previous quarter.

Provisions ‌to cover potential bad loans dropped 13.7 per cent to ₹678 crore.

($1 = 94.2400 Indian ​rupees)

Published on April 25, 2026