RBL Bank Ltd

RBL Bank Limited announced that its Board of Directors met on July 17, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board also approved the notice for the 83rd Annual General Meeting (AGM), which includes proposals for shareholder approval on the appointment of directors, an increase in borrowing limits to ₹40,000 crore, and authorization for raising funds up to ₹10,000 crore through debt securities. The bank also noted the limited review reports from its joint statutory auditors.

RBL Bank announced its unaudited financial results for the quarter ended June 30, 2026. The bank reported a Net Profit of ₹254 crore, marking a 27% year-on-year growth. Operating profit increased by 31% YoY to ₹923 crore. Net Interest Income (NII) grew 12% YoY to ₹1,654 crore, with Net Interest Margin (NIM) at 4.13%. Total Deposits grew 11% YoY to ₹124,829 crore, while Net Advances increased by 23% YoY to ₹116,223 crore. The bank also highlighted a significant capital infusion of approximately USD 2.75 billion (~INR 260 billion) from Emirates NBD Bank P.J.S.C. via preferential issue, with ENBD now holding 60% of the expanded share capital and classified as a promoter. The bank's long-term credit ratings were upgraded to AAA.

RBL Bank Limited's Board of Directors met on July 17, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the notice for the 83rd Annual General Meeting (AGM), which includes proposals for shareholder approval on director appointments, an increase in borrowing limits to ₹40,000 crore, and authorization for raising funds up to ₹10,000 crore through debt securities. The bank also noted the Limited Review Reports from its joint statutory auditors.

RBL Bank Ltd has announced that its Board of Directors will convene on July 17, 2026. The meeting agenda includes the consideration and approval of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, subject to a limited review. Additionally, the board will discuss a proposal for issuing debt securities on a private placement basis. This proposal is intended to facilitate seeking shareholder approval at the upcoming Annual General Meeting. The trading window for RBL Bank securities will remain closed until July 19, 2026.

RBL Bank Limited has released provisional business figures for the quarter ending June 30, 2025, ahead of its official financial results. Total deposits saw an 11% year-on-year increase, reaching ₹112,734 crore, although they decreased by 10% sequentially. Deposits below ₹3 crore grew 13% YoY. CASA deposits remained flat YoY but fell 22% QoQ, resulting in a lower CASA ratio of 29.2%. Gross advances grew 21% YoY to ₹117,344 crore. The bank strategically reduced wholesale deposits post a preferential allotment. The Liquidity Coverage Ratio stood at 133%.

RBL Bank Limited has announced the closure of its trading window for dealing in the bank's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's internal 'RBL Trading Code'. The window will be shut from Wednesday, June 24, 2026, and will reopen 48 hours after the announcement of the unaudited financial results for the quarter ending June 30, 2026. Designated Persons have been informed accordingly. The bank has also uploaded this intimation on its official website.

Emirates NBD Bank (PJSC) has submitted a disclosure under SEBI's Takeover Regulations regarding its substantial acquisition of shares in RBL Bank Limited. This acquisition is part of a preferential issue and an open offer. Emirates NBD agreed to subscribe to up to 60% of RBL Bank's equity via preferential allotment and is making an open offer to acquire an additional 26% from public shareholders. The disclosure details the acquisition of 92,91,34,820 shares, representing 60% of the total equity, through the preferential issue, with the acquisition date noted as June 18, 2026.

J.P. Morgan India Pvt Ltd, as the Manager to the Open Offer, has submitted an Issue Summary Document to BSE concerning an open offer by Emirates NBD Bank (P.J.S.C.) for RBL Bank Limited. The offer aimed to acquire up to 415,586,443 equity shares, representing 26.00% of the expanded voting share capital, at a price of INR 282.38 per share (INR 280 offer price + INR 2.38 interest). The total consideration for full acceptance was estimated at INR 117,353,299,774.34, payable in cash. However, the filing indicates that no shares were tendered in the open offer, resulting in zero shares acquired and nil consideration paid. Post-offer shareholding details are provided, referencing a separate issuance of subscription shares.

J.P. Morgan India Pvt Ltd, acting as the Manager to the Open Offer, has submitted a Post-Offer advertisement to BSE regarding Emirates NBD Bank's open offer for RBL Bank Limited. The offer aims to acquire up to 415,586,443 equity shares, representing 26% of the expanded voting share capital, at a price of INR 282.38 per share. The total consideration, assuming full acceptance, amounts to approximately INR 117.35 billion. This advertisement follows a series of previous announcements and filings related to the open offer, including the public announcement, detailed public statement, and letters of offer. The post-offer advertisement is published in accordance with SEBI (SAST) Regulations.

RBL Bank Ltd announced the allotment of 92,91,34,820 equity shares to Emirates NBD Bank (P.J.S.C.) via preferential issue at ₹280 per share, totaling ₹26,015.77 crore. This allotment increases the bank's paid-up equity share capital significantly. Concurrently, the bank's Board approved the appointment of five new Non-Executive Non-Independent Directors nominated by Emirates NBD, subject to shareholder approval. The Board also noted the resignation of two existing Non-Executive Non-Independent Directors.