13-Oct-2026 08:42:01
RBL BANK Q2 CONCALL: BANK GUIDES 22–25% LOAN GROWTH, EXPECTS LOWER CREDIT COSTS
• Management maintains baseline loan growth guidance of 22–25% YoY, implying 5–6% quarterly growth. • NIM expected to dip slightly in Q3 FY27 before potentially recovering in Q4 FY27. • Credit card credit costs expected to decline to 5.5–6% from over 11%, supported by normalising slippages. • Operating expenses expected to remain controlled, with marginal increases due to branch expansion, hiring and technology investments. • Bank targets 1,000 branches over the next 2.5–3 years, focusing on granular deposit growth and lower funding costs. • Emirates NBD partnership expected to support NRI banking, trade finance and wealth management businesses. • Management has not provided FY28 ROA guidance but expects improving credit costs and liquidity deployment to support profitability.
RBL BANK LIMITED