RBL
RBL Bank shares crash nearly 5% on credit card stress warning
Mumbai/IBNS: Shares of RBL Bank fell nearly 5% on Monday after the lender flagged stress in its credit card portfolio for the first half of FY27, according to media reports.
The bank, however, expects the pressure to ease in the second half of the financial year.
Credit Card Stress Outlook
The management indicated that credit card slippages could rise to around 7.5% from 7%, with credit costs projected at 5.5%, reflecting near-term asset quality concerns in the unsecured segment.
Q4 FY26 Performance Highlights
- Net Profit: Surged 234% YoY to ₹230 crore
- Net Interest Income (NII): Up 7% YoY, 1% QoQ to ₹1,671 crore; NIM: 4.41%
- Other Income: Rose 7% YoY, 2% QoQ to ₹1,069 crore
- Core Fee Income: Increased 9% YoY, 10% QoQ to ₹1,057 crore
- Operating Expenses: Up 5% YoY; down 1% QoQ to ₹1,785 crore
- Cost-to-Income Ratio: Improved to 65.1% (vs 66.3% QoQ)
- Operating Profit: Grew 11% YoY, 5% QoQ to ₹955 crore
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