{
  "id": 14461460,
  "title": "Broker’s call: RBL Bank (Buy)",
  "url": "https://urgent.news/2026/10/14/brokers-call-rbl-bank-buy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T13:24:09.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/brokers-call-rbl-bank-buy/article71583983.ece"
  },
  "original_language": "en",
  "account": "RBL Bank reported a Q2 PAT of ₹480 crore and an ROA of 0.9 per cent in its latest earnings. The bank's growth has been driven by broad-based expansion and the use of FCNR(B) leverage, despite higher provisions that exceeded estimates by 32 per cent. RBL Bank currently holds surplus liquidity, which it intends to allocate towards wholesale and secured retail lending. Margins are anticipated to ease in Q3-FY27 due to the effects of FCNR(B)-influenced leverage and funds held in lower-yielding assets, albeit partially offset by benefits from the repo rate hike. Asset quality continues to improve, with gross slippages at 2.5 per cent of loans, though still elevated. The bank has not observed any stress from the rural business or the West Asia conflict, but remains vigilant. In the long run, RBL Bank aims to lower its funding costs through the adjustment of retail and savings deposit rates, combined with an improved CASA mix. Card slippages are expected to stabilize at ₹400 crore in Q4/Q4FY27. The analyst recommends retaining a Buy rating on RBL Bank, raising the target price by 10.5 per cent to ₹475 from ₹430 (roll forward to 1.6x Sep-28E ABV). Potential risks include delays in asset quality recovery in microfinance and cards, slower business growth, and changes in key management personnel (KMP).",
  "summary": "Emkay Global",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}