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