StockWatch
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Private Sector Bank
Quarterly Updates2 Sept 2026, 08:20 pm

RBL Bank Mobilizes $3.4B FCNR(B) Deposits

AI Summary

RBL Bank Limited has announced provisional figures for its FCNR(B) deposit mobilization, totaling approximately USD 3.40 billion (₹ 324.72 billion) by August 31, 2026. Loans provided against these deposits by the bank's international banking unit amount to approximately USD 1.08 billion (₹ 103.09 billion). The deposit mobilization was significantly supported by its promoter, Emirates NBD, and its subsidiaries/affiliates, leveraging the strong UAE-India corridor. The bank has also stated that this information is provisional and unaudited, and it is being hosted on the bank's website in compliance with SEBI Listing Regulations.

Key Highlights

  • RBL Bank mobilized ~$3.4B in FCNR(B) deposits by August 31, 2026.
  • International banking unit provided ~$1.08B in loans against these deposits.
  • Promoter Emirates NBD supported deposit mobilization via UAE-India corridor.
  • Information is provisional, unaudited, and hosted on the bank's website.