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Investor Presentation Quarter Ended Sept 30,2026 Oct 12, 2026 (Subsidiary of Emirates NBD Bank P .J.S.C)
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Disclaimer 2 By attending the meeting / telephonic call where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations: The information in this presentation has been prepared by RBL Bank Limited (the “Company”) for use in presentations by the Company at analyst and investor meetings and does not constitute a recommendation regarding the securities of the Company. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information, or opinions contained herein. Neither the Company nor any of its advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. Neither the Company nor any of its advisors or representatives is under any obligation to update or keep current the information contained herein. The information communicated in this presentation contains certain statements that are or may be forward looking. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import. By their nature forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Any investment in securities issued by the Company will also involve certain risks. There may be additional material risks that are currently not considered to be material or of which the Company and its advisors or representatives are unaware. Against the background of these uncertainties, readers should not unduly rely on these forward-looking statements. The Company, its advisors and representatives assume no responsibility to update forward-looking statements or to adapt them to future events or developments. This presentation has been prepared for informational purposes only. This presentation does not constitute a prospectus under the (Indian) Companies Act, 1956 and will not be registered with any registrar of companies. Furthermore, this presentation is not and should not be construed as an offer or a solicitation of an offer to buy securities for sale in the India. This presentation and the information contained herein does not constitute or form part of any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities of the Company, nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States securities laws. This presentation and the information contained herein is being furnished to you solely for your information and may not be reproduced or redistributed to any other person, in whole or in part. In particular, neither the information contained in this presentation, nor any copy hereof may be, directly or indirectly, taken or transmitted into or distributed in the U.S., Canada, Australia, Japan or any other jurisdiction which prohibits the same except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a violation of the United States or other national securities laws. No money, securities or other consideration is being solicited, and, if sent in response to this presentation or the information contained herein, will not be accepted.
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Key Highlights – Q2 FY27 3 Operating Performance Healthy Loan Growth Healthy Deposits Growth Healthy Capital Position Stable Asset Quality • Net Interest Income (NII) grew 37% YoY to Rs.21.31 bn; NIM was 4.61% • Core Fee Income grew 12% YoY to Rs.10.40 bn • Operating Profit grew 92% YoY to Rs.13.96 bn • Net Profit grew 170% YoY to Rs.4.82 bn • Net Advances grew by 42% YoY to Rs.1,423.14 bn; • Wholesale advances grew by 56% YoY to Rs.628.49 bn • Retail advances grew 32% to Rs.794.65 bn; Secured Retail Advances constitute 65% of Total Retail Advances • Retail : Wholesale mix was 56:44 • Deposits grew 34% YoY; excl. FCNR growth was 6% YoY • Overall Average Deposits grew by 24% YoY to Rs.1,352.14 bn; Average CASA Deposits grew 5% YoY at Rs.325.04 bn • Average CASA ratio at 24.04% • Capital adequacy ratio & CET-1 including Q2FY27 profits as of 30th Sep 2026 was 30.1% & 29.0% vs 33.3% & 32.2% as of 30th June 2026 • GNPA down 131 bps YoY at 1.02%, NNPA at 0.29% • PCR at 71.47%; PCR incl. Technical Write-off at 95.31% • Credit cost for Q2 FY27 was 63 bps including std asset provision of 11 bps
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9,264 9,233 10,396 Q2FY26 Q1FY27 Q2FY27 Financial Performance Summary Net Interest Income Other Income Core Fee Income Net Total Income Operating Expenses PPOP/PAT Cost-Income Ratio RoA/RoE 4 15,507 16,544 21,309 Q2FY26 Q1FY27 Q2FY27 9,327 9,594 10,774 Q2FY26 Q1FY27 Q2FY27 24,834 26,139 32,083 Q2FY26 Q1FY27 Q2FY27 70.7% 64.7% 56.5% Q2FY26 Q1FY27 Q2FY27 17,550 16,911 18,122 Q2FY26 Q1FY27 Q2FY27 7,284 9,228 13,961 1,785 2,537 4,818 Q2FY26 Q1FY27 Q2FY27 PPOP PAT 0.48% 0.57% 0.92% 4.44% 4.01% 4.43% Q2FY26 Q1FY27 Q2FY27 ROA ROE All numbers in Rs. mn
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1 -7 11 3 2 2 -0 -2 -1 52 60 51 Q2FY26 Q1FY27 Q2FY27 Unsecured Retail Wholesale Secured Retail Standard/ Contingency Provision 75.92% 72.00% 71.47% Q2FY26 Q1FY27 Q2FY27 Financial Performance Summary GNPA/ NNPA Slippages PCR Credit Cost (bps) Net Interest Margin % Yield on Advances % Cost of Funds/ Deposits % Capital Adequacy 5 4.51% 4.13% 4.61% Q2FY26 Q1FY27 Q2FY27 15.0% 33.3% 30.1% 13.5% 32.2% 29.0% Q2FY26 Q1FY27 Q2FY27 CRAR CET 1 2.32% 1.30% 1.02% 0.57% 0.37% 0.29% Q2FY26 Q1FY27 Q2FY27 GNPA NNPA 0.98% 0.83% 0.77%0.77% 0.69% 0.64% Q2FY26 Q1FY27 Q2FY27 Gross Slippages Net Slippages 12.26% 11.21% 10.80% Q2FY26 Q1FY27 Q2FY27 6.23% 6.01% 5.97%6.26% 6.09% 5.94% Q2FY26 Q1FY27 Q2FY27 Cost of Funds Cost of Deposits 54 1124.28RWA 54 1312.05 63 1470.83 All numbers in Rs. bn
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Standalone Profit & Loss Statement 6 Particulars Q2 FY 27 Q2 FY 26 Q1 FY 27 YoY Growth QnQ Growth Interest Income 43,221 35,075 38,402 23% 13% Interest Expense 21,912 19,568 21,858 12% 0% Net Interest Income 21,309 15,507 16,544 37% 29% Other Income 10,774 9,327 9,594 16% 12% Total Income 32,083 24,834 26,139 29% 23% Operating Expenses 18,122 17,550 16,911 3% 7% Operating Profit 13,961 7,284 9,228 92% 51% Provisions 7,665 4,997 5,993 53% 28% Profit Before Tax 6,296 2,287 3,235 175% 95% Tax 1,478 502 698 195% 112% Net Profit 4,818 1,785 2,537 170% 90% All numbers in Rs. mn
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Standalone Balance Sheet 7 Particulars Sept 2026 Sept 2025 June 2026 YoY Growth QoQ Growth Liabilities Capital 15.52 6.13 15.49 153% 0% Reserves and Surplus 417.86 154.17 413.28 171% 1% Deposits 1,562.72 1,166.67 1,248.29 34% 25% Borrowings 133.69 152.24 98.03 (12%) 36% Other Liabilities 93.66 60.66 80.47 54% 16% Total 2,223.44 1,539.88 1,855.56 44% 20% Assets Cash & Balances with RBI 102.47 108.39 86.58 (5%) 18% Balances with other banks 155.46 38.77 126.06 301% 23% Investments (Net) 429.28 288.14 377.77 49% 14% Advances (Net) 1,423.14 1005.29 1,162.23 42% 22% Fixed and Other Assets 113.09 99.29 102.92 14% 10% Total 2,223.44 1,539.88 1,855.56 44% 20% All numbers in Rs. bn
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65% 62% 72% 35% 38% 28% Q2FY26 Q1FY27 Q2FY27 Retail Wholesale & Treasury 72% 75% 76% 17% 16% 15% 12% 10% 9% Q2FY26 Q1FY27 Q2FY27 TD SA CA Deposits Profile Deposit Composition (Average) Segment Composition (Average) Deposits EOP Average Granular Deposits Average Cost of SA/TD 8 53.6% 49.7% 49.5% Q2FY26 Q1FY27 Q2FY27 Deposit less than 30 mn 16.7% 15.6% 14.7% 11.8% 9.6% 9.3% Q2FY26 Q1FY27 Q2FY27 Average SA Average CA 28.5% 5.26% 5.09% 4.98% 7.52% 7.07% 6.86% 7.61% 7.23% 7.12% Q2FY26 Q1FY27 Q2FY27 Cost of SA Cost of TDs Cost of INR TDs 1091.19 1293.62 25.2% 1352.14 24.0% 1091.19 1293.62 1352.14 24% YoY Average CASA 68% 71% 73% 17% 17% 14% 15% 13% 13% Q2FY26 Q1FY27 Q2FY27 TD SA CA 34% YoY 1166.67 1248.29 1562.72 All numbers in Rs. bn
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66% 58% 57% 23% 30% 31% 11% 12% 12% Q2FY26 Q1FY27 Q2FY27 Credit Card Receivables JLG Loans Personal Loans Advances Profile 9 40% 45% 44% 34% 31% 36% 26% 24% 19% Q2FY26 Q1FY27 Q2FY27 Wholesale Secured Retail Unsecured Retail Net Advances Composition Unsecured Retail Advances 39% 47% 36% 25% 24% 17% 6% 12% 8% 9% 8% 7% 4% 4% 3% 16% 5% 28% Q2FY26 Q1FY27 Q2FY27 Business Loan Housing Loan Gold Loans Rural Vehicle Finance Retail Agri Others Secured Retail Composition 1005.29 259.43 341.88 Business segments in this presentation are based on internal classification and may undergo reclassification, if needed 1162.23 276.35 365.61 519.33275.32 1423.14 68% 68% 69% 32% 32% 31% Q2FY26 Q1FY27 Q2FY27 Corporate Commercial Wholesale Composition 403.97 520.27 628.49 56% YoY42% YoY 6% YoY 52% YoY All numbers in Rs. bnOthers for Q2 FY27 includes loans provided against the FCNR (B) deposits of Rs. 103bn
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Asset Quality 10 Q1 FY27 Q2 FY27 Wholesale Credit Cards & Personal Loans JLG Secured Retail Total Wholesale Credit Cards & Personal Loans JLG Secured Retail Total Opening Balance 3.25 2.92 4.77 5.81 16.75 2.84 3.02 3.04 6.32 15.22 (+) Additions during the period 0.03 7.39 0.57 1.41 9.40 0.13 6.58 0.75 1.48 8.94 (-) Upgrade 0.00 0.03 0.01 0.47 0.52 0.00 0.05 0.01 0.52 0.58 (-) Recoveries 0.20 0.28 0.18 0.31 0.98 0.01 0.29 0.10 0.53 0.92 (-) Write Offs 0.24 6.97 2.10 0.12 9.43 0.00 6.60 1.37 0.11 8.09 Closing Balance 2.84 3.02 3.04 6.32 15.22 2.96 2.66 2.31 6.63 14.56 Net Slippages (0.17) 7.07 0.38 0.63 7.90 0.12 6.24 0.64 0.43 7.43 NPA Provision as of date 2.81 2.14 1.89 4.12 10.95 2.83 2.05 1.29 4.23 10.41 Net NPA 0.03 0.88 1.15 2.20 4.26 0.13 0.61 1.02 2.40 4.15 Writeoff Recovery 0.07 1.14 0.14 0.02 1.37 0.10 0.88 0.13 0.02 1.13 All numbers in Rs. bn
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© GeoNames, Microsoft, TomTom Powered by Bing 1 11 6 5 42 20 2 2 61 14 19 141 6 16 17 65 30 26 2 22 Branch Network 1132.68 Metro & GIFT 295.12 Urban 97.24 Semi-Urban 37.67 Rural Distribution Network 11 Branches 628 BC Branches 1326 ATMs 422 Customers 15.05 Mn BANK LEVEL DEPOSIT COMPOSITION 72% 19% 6% 2% 600+ districts, servicing 18,000+ pincodes Dadra & Nagar Haveli Daman & Diu 2 Goa7 Puducherry 1 New Delhi Chandigarh 58 4 All numbers in Rs. bn
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in Rs. bn Retail Banking 27% 27% 25% 31% 33% 31% 25% 22% 18% 8% 8% 16% 8% 8% 10% 1% 2% 1% Q 2 F Y 2 6 Q 1 F Y 2 7 Q 2 F Y 2 7 Proc fee Payments General Banking FX Dist Trade and others Retail Disbursals Q1 Personal loan, 6.41 JLG, 16.92 PLAP, 18.02 SLAP, 1.32 BBG, 11.88 AHL, 3.29 PHL, 4.07 Rural Vehicle Finance, 3.44 Retail Agri, 1.69 Gold Loan, 14.27 Used car, TW, 0.66 *Prime LAP, Retail Agri and BBG disbursals include CCOD limits set up during the quarter Total Disbursals Q2FY27: 81.96 bn 15% YoY7,611 7,167 Business segments in this presentation are based on internal classification and may undergo reclassification, if needed Core Retail Fee Income 226.97 244.69 246.34 479.27 554.93 727.49 Q2FY26 Q1FY27 Q2FY27 CASA TD Retail Liabilities - Average 38% YoY 601.31 641.96 794.65 Q2FY26 Q1FY27 Q2FY27 Retail Assets 32% YoY Share of Total Net Advances 60% 59% 55% 55% 56% 8,267 9% YoY Retail Disbursals Q2 in Rs. bn in Rs. mn 12
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13 Microfinance Distribution NetworkCredit Cards - Portfolio Trends Cards in Force and New Acquisition (Mn) 4.47 4.65 4.72 Q2'FY26 Q1'FY27 Q2'FY27 Cards in Force 211.68 208.89 214.31 Q2'FY26 Q1'FY27 Q2'FY27 Total Spends (Rs. In bn) 0.21 0.34 0.39 Acquisition 31% 34% 35% 26% 25% 23% 24% 24% 24% 18% 18% 17% Q2'FY26 Q1'FY27 Q2'FY27 Transactor Revolver EMI PL on Cards Gross AUM (Rs. In bn) 212.82 197.07 192.14
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Wholesale Banking 14 Corporates Commercial and Supply Chain Financial Institutions Other niche segments 44% 31% 15% 11% Gross Advances Contribution (Q2FY27) 428 330 713 665 788 850 550 634 662 Q2FY26 Q1FY27 Q2FY27 FX & Capital Market Processing Fee Trade, Cash & Others Fee Growth Driven by Transaction flows in Rs. Mn. 318.80 298.97 292.25 110.48 138.29 139.77 Q 2 F Y2 6 Q 1 F Y2 7 Q 2 F Y2 7 Corporate Banking Commercial Banking EOP Wholesale Liabilities in Rs. Bn. Wholesale Advances provided from GIFT city branch was ~Rs. 139 bn as of 30th Sep 2026 429.27 437.26 432.02 1,642 1,752 2,226
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ESG
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16 Policy stipulation for managing Bank’s own E&S footprint and impact of lending as per IFC and other International Standards Climate Risk Management: Established exposure thresholds for high-carbon sectors (July 2023) and integrated climate physical risk assessment into underwriting effective 1 July 2026. Sustainability continues to be at the core of what we do and make it an integral part of our business practices, including Risk Management practices. Sustainable Finance & financial inclusion products • Strong micro banking portfolio aimed at hitherto unbanked women • Financial literacy activities to empower women with financial knowledge • Funding Sustainable Agricultural Practices and Business The overall women representation in the bank is at 24.63% as on 30th September 2026 with a target to reach 30% by 2027 through the implementation of various strategic initiatives. Financial literacy: • Bank conducts digital financial literacy programs through Biz. Correspondents • The program creates awareness on savings, budgeting, safety, responsible borrowings etc. • 100% of the beneficiaries under this program are women, residing mainly in rural locations Initiated independent BRSR Core Assurance starting FY 2025-26 to strengthen transparency and credibility of ESG disclosures. 1 3 Corporate Social Responsibility • Bank has funded overall 4 projects in FY26-27 across 3 thematic areas, namely Health, Education and Livelihoods Opportunities (H.E.LO. acronym) • The Project “Khwaish” is reducing the economic burden of cancer treatment for individuals from low-income backgrounds by supporting treatment costs, particularly for girls and women. By providing a second chance at life and maximizing social value, the project has benefited 1,000+ cancer patients and their families. 2 Read more on: https://www.rbl.bank.in/sustainability-framework Achieved a CRISIL ESG Score of 71, entering the CRISIL ESG Leadership Band. ESG @ RBL - Grow Sustainably.. Voluntary target and plan to achieve Carbon Neutrality (within own operations) and to phasing out exposure to coal based thermal power generation by FY 2034 .
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Digital Banking Updates
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Digital Banking Snapshot… 18 D2C Transformation Capabilities 4.3 Mobile App Ratings 5 L+ Average Daily API Calls ~0.85 mn Total active UPI Handle 100% Penetration of E-sign in MFI business ~ 0.61 mn No of PPI Customers since inception ~ 0.21 mn Files processed in Q2 through e sign/stamp platform ~97 mn Q2 - Monthly Avg Transaction Volume (Inward/Outward) 12% IMPS 6% RTGS & NEFT 400+ No of partnerships/Corporates 19.9 k Credit cards onboarded in Q2 via Account Aggregators Integration. 82% UPI ~0.77 mn Active unique POS merchants. $2.1 bn Value processed in Q2 FY 27 under RDA. (33% growth vs Q1 FY 27)
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Annexures
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Historical Performance 20 Particulars FY 17 FY 18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 HY1FY27 Net Worth 42.42 65.44 73.36 102.90 122.54 120.06 129.96 142.06 149.30 160.14 427.97 Deposits 345.88 439.02 583.94 578.12 731.21 790.07 848.87 1034.94 1109.44 1390.18 1562.72 Advances (Net) 294.49 402.68 543.08 580.19 586.23 600.22 702.09 839.87 926.18 1142.32 1423.14 Investments (Net) 134.82 154.48 168.40 181.50 232.30 222.74 288.75 295.76 321.65 320.78 429.28 Net Profit 4.46 6.35 8.67 5.06 5.08 (0.75) 8.83 11.68 6.95 8.22 7.35 CRAR (%) 13.7 15.3 13.5 16.4 17.5 16.8 16.9 16.2 15.5 14.2 30.1 Gross NPA (%) 1.20 1.4 1.38 3.62 4.34 4.40 3.37 2.65 2.60 1.45 1.02 Net NPA (%) 0.64 0.78 0.69 2.05 2.12 1.34 1.10 0.74 0.29 0.39 0.29 Business per employee 0.13 0.16 0.19 0.16 0.17 0.15 0.14 0.15 0.14 0.19 0.21 No. of employees 4,902 5,300 5,843 7,221 7,816 9,257 11,032 12,473 14,265 13,316 14,222 Return on Assets (%) 1.08 1.21 1.27 0.59 0.54 (0.07) 0.83 0.96 0.51 0.53 0.92 Return on Equity (%) 11.67 10.95 12.15 5.74 4.35 (0.60) 6.69 8.25 4.53 5.12 4.43 BVPS 113.07 159.99 171.93 202.29 204.9 200.27 216.76 234.77 245.61 259.08 275.82 All numbers in Rs. bn
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21 Thank you