RBL Bank board nods to raise up to ₹6,500 crore through QIP and debt issuance; check details

The total fund infusion aggregates to ₹6,500 crore through a mix of equity and debt issuance.

The private lender in a regulatory filing said that the funds raised via both the methods will be raised in one or more tranche(s).

On Friday, RBL Bank shares settled at ₹262 apiece on the National Stock Exchange, gaining 4.44%. Meanwhile, according to data on bulk deals available on NSE, Societe Generale bought nearly 33 lakh shares of RBL Bank at an average price of ₹250.57 apiece.

The private sector lender had posted a 46% decline in its June 2025 quarter net profit to ₹200 crore as it faced challenges on the core income front.

The bank had posted a net profit of ₹372 crore in the year-ago period, while the same figure had stood at ₹69 crore in the preceding March quarter.

Its core net interest income declined 13% to ₹1,481 crore, impacted by an over 1.15% drop in the net interest margin to 4.5% against 5.67% a year ago despite a 9% loan growth.

The other income grew 33% to ₹1,069 crore, which helped the bottom line. The gross non-performing assets ratio expanded to 2.78% from 2.60% as of the March quarter.

The overall provisions increased 21% to ₹442 crore from ₹366 crore in the year-ago period. The bank's overall capital adequacy stood at 15.59%, with the core buffer at 14.05%.

During the earnings, RBL Bank’s managing director and chief executive, R. Subramaniakumar, said it has continued with the decline in the high-margin but high-risk unsecured portfolio, reducing the portfolio by as much as 10% during the quarter, and added that it is growing in areas like secured retail at 23%.

Over the last five trading days, RBL Bank shares have gained 2%, while for a month’s period, the stock gained 2.4%.

Since February 28, 2025, which is six months, shares of the lender have climbed more than 65%. Year-to-date, RBL Bank shares have increased 66%.

The bank’s market capitalisation stands at ₹16,026.12 crore.

Shares of RBL Bank had touched their one-year high of ₹272.88 apiece on July 18, 2025, while their 52-week low of ₹146.10 was hit on January 20, 2025.