RBL Bank Q1 Results: Net profit rises 27% YoY to Rs 254 crore; Emirates NBD ownership boosts growth outlook
RBL Bank reported a 27% year-on-year increase in standalone net profit to ₹254 crore for Q1 FY27, bolstered by Emirates NBD's recent majority stake acquisition. The bank's net interest income rose 12% YoY to ₹1,654 crore, while provisions surged 35% to ₹599 crore. Management highlighted that the acquisition enhances growth opportunities, particularly in corporate banking and trade finance, leveraging Emirates NBD's global network.