RBL Bank Q2 Review: Citi Sees Recovery, Goldman Sachs Flags Slower Credit Cost Gains
Citi and Goldman Sachs rate stocks including RBL Bank.
· NDTV Profit
RBL Bank's net profit rose to Rs 482 crore from Rs 179 crore a year ago, while gross NPA declined to 1.02% from 1.30% in the previous quarter. Elevated provisions remain a concern for brokerages.
The analysis
This is an Asset quality / margins event. For lenders the headline profit is the least informative line. Slippages, credit cost and margin direction determine whether the quarter is repeatable. On the day the stock is -2.7%, so the market took notice.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Credit growth and asset quality are the pulse of the financial sector, which is the largest weight in Indian indices.
Market context
- Brokerage calls from Citi and Goldman Sachs, with ratings on the stocks named. The stocks: RBL Bank.
- Over three months: RBL Bank -7.2% against Banks -6.0% (1.2 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| RBL BankRBLBANK · Banks | ₹351.00 | -2.7% | -13.0% | -7.2% | -18.0% | 0.4× | — |
Banks
1M -3.4% · 3M -6.0%
RBL Bank
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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