Shares of private lender RBL Bank declined as much as 8% to Rs 388 on the BSE on Tuesday after it reported a sharp 170% increase in net profit for the second quarter of FY27, with earnings rising to Rs 481.7 crore from Rs 179 crore a year earlier.
The growth was supported by a strong rise in net interest income (NII), alongside an improvement in asset quality. NII increased 37.4% year-on-year (YoY) to Rs 2,131 crore in the September quarter, compared with Rs 1,551 crore in the same period last year.
