RBL Bank Ltd has set Friday, August 14, 2026, as the record date for determining shareholder eligibility to receive the final dividend of ₹1 per share for the financial year ended March 31, 2026. According to reports from CNBC TV18, Business Upturn, and Live Mint, the dividend remains subject to shareholders' approval at the bank's upcoming Annual General Meeting. If approved at the AGM, the final dividend will be paid on or before October 1, 2026, in accordance with applicable provisions of the Companies Act, 2013, and SEBI Listing Regulations. The Board of Directors recommended the final dividend in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, with procedural filings submitted to both BSE Limited and the National Stock Exchange of India Limited.
Under India's T+1 settlement cycle, investors must purchase RBL Bank shares before August 14, 2026 (the ex-dividend date) to qualify for the ₹1 per share dividend. As reported by Live Mint, investors buying the stock on or after August 14 will not be eligible to receive the dividend. The bank has provided detailed information about the remote e-voting and e-voting process during the AGM on its website, with these documents to be submitted to stock exchanges in due course. The actual declaration of the dividend amount remains subject to approval by shareholders at the upcoming Annual General Meeting.
RBL Bank reported robust financial results for Q1 FY27, with net profit of ₹254 crore, registering a 27% year-on-year increase. The bank's operating profit rose 31% YoY to ₹923 crore, while Net Interest Income (NII) increased 12% YoY to ₹1,654 crore, with the Net Interest Margin (NIM) standing at 4.13% during the quarter. As per Live Mint, other income declined 10% YoY to ₹959 crore, though core fee income grew 16% YoY to ₹923 crore. The bank continued to improve cost efficiency, with operating expenses declining 8% YoY to ₹1,691 crore, resulting in an improved cost-to-income ratio of 64.7% compared to 72.4% in the corresponding quarter last year.
The bank has scheduled its 83rd Annual General Meeting for Wednesday, September 2, 2026, at 11:30 am IST through Video Conferencing and Other Audio Visual Means. As reported by CNBC TV18, Business Upturn, and Live Mint, the meeting will be conducted in accordance with the Companies Act, 2013, applicable rules and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders will receive the AGM notice and the Annual Report for FY26 via electronic mode, provided they have registered email addresses with the bank or their depository participants. The detailed procedure for remote e-voting and e-voting during the AGM will be included in the notice sent to members, with the Annual Report and AGM materials hosted on the bank's website and submitted to the stock exchanges in due course.
On the asset quality front, the bank's gross non-performing asset (GNPA) ratio improved by 148 basis points YoY to 1.30%, while the net NPA ratio declined by 9 basis points to 0.37%. The provision coverage ratio, including technical write-offs, stood at 94.94%. As reported by Live Mint, net advances grew 23% YoY to ₹1,16,223 crore, with the retail-to-wholesale mix at 55:45. Retail advances increased 13% YoY to ₹64,196 crore, driven by an 18% growth in secured retail loans and an 8% rise in unsecured retail advances. The bank has ensured that all necessary disclosures are available to stakeholders, with depositories including National Securities Depository Limited, Central Depository Services (India) Limited, and MUFG Intime India Private Limited copied on the communication.
