Rbl Bank Ltd. · NSE:RBLBANK
Rbl Bank — Q4 FY25 Earnings Presentation
55 slides from Rbl Bank's earnings presentation, Apr 25, 2025
Slide 1: Investor Presentation Q4 FY 25
Investor Presentation Q4 FY 25 April 25, 2025 1
Slide 2: Disclaimer
Disclaimer 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
Slide 3: Glossary and Key Notes
Glossary and Key Notes AEPS Aadhaar Enabled Payment System INR Indian Rupee Agri Agribusiness Banking IPO Initial Public Offering API Application Programming Interface MF Mutual Funds ATM Automated Teller Machine Mn Million BC Business Correspondent NFB Non Fund Based Bps Basis Points NIM Net Intere
Slide 4: Financial Results
Financial Results
Slide 5: Highlights for the Q4 FY25
Highlights for the Q4 FY25 • Net Profit was Rs. 69 crore for Q4 FY25 after making 100% provision on GNPA in JLG segment Operating performance • Net Interest Income (NII) for Q4 FY25 de-grew 2% YoY to Rs. 1,563 crore; NIM was 4.89% • Other Income for Q4 FY25 grew 14% YoY to Rs. 1,000 crore • Operatin
Slide 6: Key Parameters
Key Parameters Deposits up 7% YoY to Rs. Advances up 10% YoY to 15.48 mn customers Scale 110,944 crore Rs. 92,618 crore across segments Retail Assets up 13% YoY; Comm. Banking up 29% Granular Deposits up 16% Growth Drivers Secured Retail up 43% YoY YoY YoY 15.54% CRAR Avg. LCR for Q4 FY25 at Balance
Slide 7: Important Metrics
Important Metrics… Advances Deposits Profitability 83,987 86,704 87,882 90,412 92,618 103,494 101,352 107,959 106,753 110,944 997 887 910 859 861 49,147 53,737 54,723 55,199 67,045 55,703 68,349 71,735 71,731 73,058 353 372 18,056 19,958 223 18,186 19,661 20,340 34,840 32,968 33,160 35,213 36,915 18
Slide 8: Key Ratios
Key Ratios Parameter Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Yield on Advances 13.5% 13.9% 14.0% 14.0% 14.1% 14.2% 13.5% 13.3% 13.0% Cost of Deposits 5.7% 6.1% 6.2% 6.3% 6.4% 6.5% 6.5% 6.6% 6.5% Cost of Funds 5.8% 6.1% 6.3% 6.5% 6.5% 6.6% 6.6% 6.6% 6.6% Net Interest Margin 5.62% 5.53%
Slide 9: Advances and Deposits
Advances and Deposits
Slide 10: Well Diversified Advances; Growth led by Retail & Commercial Banking
Well Diversified Advances; Growth led by Retail & Commercial Banking Strong growth in Retail Advances; With focus on growing secured retail assets and commercial banking Retail : Wholesale mix of 40:60 March 2025 March 2024 YoY Dec 2024 QoQ Net Funded Advances Corporate Banking 25,187 25,725 (2%) 24
Slide 11: Retail Advances grew 13% YoY; Secured Retail Advances grew 43% YoY
Retail Advances grew 13% YoY; Secured Retail Advances grew 43% YoY 49,147 53,737 54,723 55,199 55,703 5,877 5,972 11% 6,353 6,605 1,436 1,509 3% 2,347 5% 1,417 1,458 2,599 2,754 5% 1,721 4% 2,279 2,221 2,159 4% 7,447 7,885 8,177 14% 6,260 13% 6,696 8,161 16% 8,182 8,837 9,859 11,162 20% 7,511 15% 7,
Slide 12: Retail Disbursement (Excl. Cards); Increased focus to grow secured retail assets
Retail Disbursement (Excl. Cards); Increased focus to grow secured retail assets 6,163 4,152 4,248 4,723 4,320 548 9% 939 15% 326 244 5% 101 143 660 377 9% 1,087 18% 746 882 555 13% 555 318 360 8% 440 968 16% 1,061 784 18% 719 1,224 526 732 1,357 1,460 34% 2,295 37% 1,483 1,085 846 784 18% Q4 FY24 Q
Slide 13: Deposits growth led by granular deposits; Accounting for ~50% of total deposits
Deposits growth led by granular deposits; Accounting for ~50% of total deposits Total deposits grew by 7% YoY; CASA Ratio at 34.1% March 24 Dec 24 March 25 103,494 106,753 110,944 65% 67% 66% 17% 18% 19% 18% 14% 16% TD SA CA TD SA CA TD SA CA Deposits < Rs. 3 crore CASA Ratios (Granular Deposits) LC
Slide 14: Strong Core Fee Growth
Strong Core Fee Growth Other Income Core Fee Income Breakup 875 1,073 1,000 3,043 3,806 829 871 968 2,876 3,429 4% 27% 4% 4% 4% 90% 4% 22% 3% 28% 27% 7% 20% 81% 7% 22% 97% 12% 10% 27% 5% 95% 95% 25% 22% 21% 30% 32% 31% 28% 31% 19% 10% 10% 5% 3% 5% 11% 9% 9% 9% Q4 FY24 Q3 FY25 Q4 FY25 FY24 FY25 Q4 FY
Slide 15: Operating Expenses Up 7% YoY
Operating Expenses Up 7% YoY 1,588 1,662 1,702 6,055 6,642 13% 14% 11% 14% 12% 13% 11% 13% 10% 6% 12% 4% 8% 7% 6% 34% 36% 33% 35% 36% 3% 3% 3% 4% 3% 5% 5% 5% 5% 5% 24% 27% 26% 25% 26% Q4 FY24 Q3 FY25 Q4 FY25 FY 24 FY 25 Employee Premises Depreciation Business Acquisition & Collections Payments & Gen
Slide 16: Asset Quality Snapshot
Asset Quality Snapshot Quarter Ended Mar 2024 June 2024 Sep 2024 Dec 2024 March 2025 Opening Balance 2,551 2,271 2,378 2,581 2,701 (+) Additions during the period 680 720 1,026 1,309 1,058 (-) Upgrade 91 66 101 109 93 (-) Recoveries 148 126 108 148 235 (-) Write Offs 721 420 613 932 965 Closing Bala
Slide 17: Asset Quality Trend
Asset Quality Trend NPA Position PCR 2.88% 2.92% 2.65% 2.69% 2.60% 93.5% 96.4% 89.8% 90.0% 89.4% 89.0% 82.2% 72.7% 73.1% 73.0% 0.74% 0.74% 0.79% 0.53% 0.29% 0.51% 0.44% 0.38% 0.32% 0.29% Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 GNPA NNPA Net Restructu
Slide 18: Acceleration of Provisioning in JLG Segment
Acceleration of Provisioning in JLG Segment NPA Position Provisioning 1,505 1,222 922 843 673 662 549 575 407 414 314 327 287 259 248 178 209 136 152 152 105 105 - - - March 2024 June 2024 September December 2024 March 2025 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY 25 2024 GNPA Net NPA Normal Prov Accelera
Slide 19: Credit Costs Trend
Credit Costs Trend Net Credit Cost by Business (bps)* 53 139 93 231 374 382 132 108 208 47 6 15 8 0 0 7 7 (1) (15) (14) Q4 FY24 Q3 FY25 Q4 FY25 FY24 FY25 Bank has negligible credit costs on the advances book ex cards, PL and JLG for the last 3 years • Not Annualized for the bank or at individual seg
Slide 20: Adequately Capitalised
Adequately Capitalised Total RWA 85,138 88,048 89,482 94,640 98,630 105,007 104,126 108,223 104,831 16.92% 17.07% 16.68% 16.42% 16.18% 15.92% 15.56% 15.37% 15.54% 15.25% 15.05% 15.15% 14.58% 14.38% 14.19% 14.06% 13.85% 13.68% 16,577 16,637 16,336 16,295 15,958 15,541 15,272 14,685 14,772 14,800 14,7
Slide 21: Diversified Shareholding & Strong Rating Profile
Diversified Shareholding & Strong Rating Profile Shareholding by category (%) Ratings 1.8 Instrument Rating ICRA AA- (Stable) 13.3 (Re-affirmed dated Aug 13, 2024) Basel III compliant Tier II bonds CARE AA- (Stable) 41.9 (Re-affirmed dated Sept 30, 14.4 2024) ICRA A1+ (Re-affirmed dated Aug 13, 2024
Slide 22: Our Growing, Multi-Layered Distribution Network
Our Growing, Multi-Layered Distribution Network Customers (Mn.) Locations Chandigarh 4 15.90 16.06 15.89 15.57 15.48 GIFT 58 2 city 16 New Delhi branch 2 19 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 24 Channel Breakup 15 1 6 Channels Number of transaction points 35 19 2 March 2024 Dec 2024 March
Slide 23: Business Segment Update
Business Segment Update
Slide 24: Credit Card Update
Credit Card Update
Slide 25: Business Volumes: Growth & Market Share
Growth & Market Share Source RBI Data Feb’24 Feb’25 RBL Industry RBL Industry 4.86 M 109.32 M CIF 5.16 M 100.60 M 6% 9% 6,594 Cr 1,67,565 Cr Spends* 7,023 Cr 1,49,601 Cr 6% 12% 17,717 Cr# 2,87,047 Cr Advances 17,023 Cr 2,58,107 Cr 4% 11% 2.2 lacs 48.30 lacs ₹ 21,720 Cr ₹ 17,261 Cr Business Mar’25 Vo
Slide 26: Credit Cards - Portfolio Trends
Credit Cards - Portfolio Trends Cards in Force (Million) Acquisition (Million) 5.19 5.26 5.22 5.04 5.04 0.57 4.83 0.48 0.39 0.37 0.26 0.22 Q3'FY24 Q4'FY24 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q3'FY24 Q4'FY24 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 AUM (Cr.) Total Spends (Cr.) 20,137 21,353 22,021 22,335 21,932 2
Slide 27: Credit Cards - Portfolio Trends
Credit Cards - Portfolio Trends Consumer Loans Retail Spends per month# Amount (Cr) 32,591 33,368 30,959 30,431 29,989 31,203 28,043 765 928 874 746 660 552 14,417 15,077 14,736 15,947 12,754 13,520 13,331 2549 2636 2671 2614 2535 2359 Q2'FY24 Q3'FY24 Q4'FY24 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q3 FY'24
Slide 28: Credit Cards – Customer Segment insights
Credit Cards – Customer Segment insights($) Salaried : Self Employed (SE) mix City Tier Mix Age Group Mix CIBIL Cards-in- Force As 0.002 5.95 0.81 1.18 on 31st Mar 2025 1.02 1.05 14% 7% 13% 20% 33% 1.11 33% 26% 19% 67% 0.003 57% 9% 0.98 65% 36% 0.99 1.02 0.01 0.97 Salaried Self Employed TIER 1 TIER
Slide 29: RBL Bank Business Segments and Credit Cards
RBL Bank Business Segments and Credit Cards Millennial Mass Affluent Co-Branded Commercial Segment Segment Segment Cards Segment Platinum Maxima IRCTC DMI Finance Cookies Plus Annual Fee: INR Indian Oil XTRA Indian Oil RBL Bank Annual Fee: INR 500 Annual Fee: INR 499 Monthly Fee: INR 100 2,500 Annua
Slide 30: Co-Brand Partnership Update
Co- Brand Partnership Update Fintech Consumer NBFC Live for sourcing To be launched 30
Slide 31: JLG Update
JLG Update
Slide 32: Microfinance Distribution Network
Microfinance Distribution Network 30 22 428 1,10,000 + 40 6 State and 1 UT Districts Villages 122 165 25 247 81 58 91 45 Micro-Banking Branches Network 1472 19 116 77 RBL Finserve 955 210 1165 13 13 118 Branches Other BCs 221 86 307 2 Banking Outlet 155 27 Total Branches Powered by Bing © GeoNames,
Slide 33: Portfolio Update
Portfolio Update Gross AUM (Cr.) Disbursements (Cr.) Proportion of Disbursal covered by 25% 43% 90% CGFMU 2308 1489 1096 854 792 9,648 9,451 8,733 7,819 6,975 12% 9% 11% 12% 11% 1,190 1,121 1,018 906 793 88% 91% 89% 88% 89% 8,458 8,330 7,715 6,913 6,181 March 2024 June 2024 Sep 2024 Dec 2024 March 2
Slide 34: Collection Efficiency & SMA Bucket
Collection Efficiency & SMA Bucket SMA Bucket (Rs. Cr.) Current Bucket 99.4% 99.9% 99.2% 97.5% 98.4% 99.0% Collection Efficiency 616 545 SMA balances reducing in March 25 vs Sep & Dec 24 though 129 higher than the lows of March 2024 176 378 214 294 253 124 68 193 203 49 53 78 148 82 273 67 176 148 1
Slide 35: Digital Banking Update
Digital Banking Update
Slide 36: Digital Snapshot
Digital Snapshot… 14 Cr. ~1.76 L 4.4 Monthly Transaction Volume (Inw/Outw) Files processed in Q4 32% 64% 4% through e sign/stamp D2C Mobile app Ratings IMPS UPI RTGS&NEFT platform 100% 250+ 15 L 80K Penetration of E-sign APIs exposed to Monthly VKYC & E-stamp in MFI corporates & Daily API Calls (on
Slide 37: Key Digital enablement over the last quarter
Key Digital enablement over the last quarter… Digital/DIY Journeys across liability and asset Key Enablement… Distinctive Capabilities portfolios, WhatsApp banking Multi-pronged delivery leveraging our 0.53% 3rd Rank ~2.8K partnership base RBL Technical Decline in the industry as a Loan applications
Slide 38: Digital Payments Strategy – Reimagine to think 360
Digital Payments Strategy – Reimagine to think 3600 Build a customer centric partnership franchise by offering a scalable payments platform and create an inorganic acquisition funnel through partnership A B C Grow Existing Leverage Partnerships Comprehensive Digital Franchises funnel for acquisition
Slide 39: Curated & Expansive Digital Interface
Curated & Expansive Digital Interface Corporate & MSME Banking Retail Internet Banking RBL Suvidha App Revamped, Simplified and Revamped, Simplified and Tailor-made app to meet the Futuristic Online & Mobility Partnership Banking Futuristic Net Banking Service unique needs of our MFI Service custome
Slide 40: Continuous enhancements across digital channels
Continuous enhancements across digital channels… ✓ ✓ ✓ ✓ Customer Satisfaction Beneficiary validation for Avail Overdraft against FD Form 15G/H submission on Survey & NPS (Net payments on all digital instantly on MoBank & Net WhatsApp promoter score) capturing channels banking on Net banking ✓ ✓ ✓ ✓
Slide 41: ESG Update
ESG Update
Slide 42: ESG @ RBL - grow sustainably..
ESG @ RBL - grow sustainably.. 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. Policy stipulation for managing Bank’s Financial literacy: own E&S footprint, and impact of • Bank runs financial liter
Slide 43: Marketing & CSR Initiatives
Marketing & CSR Initiatives apno ka bank b RBLBANK
Slide 44: Awards & Recognition
Awards & Recognition The Asset Triple A Awards IBA Banking Technology Conference 2024 • Won in 2 categories at The Asset Triple A • RBL Bank recognized with 4 Awards at Awards. IBA Banking Technology Conference 2024. • The Inward Remittance API project won the Best API Project Award and Future • Won
Slide 45: CSR Initiatives
CSR Initiatives RBL Bank Shiksha Scholarship Program UMEED Initiative in the Presence of Goa's Launched Honourable CM, Pramod Sawant It promotes education for the underprivileged by 350 cycles donated at various locations in Goa offering financial assistance. Over a three-year in January. 4,835 cycl
Slide 46: Annexures
Annexures
Slide 47: Experienced Board of Directors
Experienced Board of Directors Mr. Chandan Sinha Mr. R Subramaniakumar Non-Executive Independent Director (Part Time Chairman) Managing Director and CEO Previously, Executive Director, RBI. Career – Central Banker for A veteran banker with 40 years of experience; Previously, associated with PNB, Ind
Slide 48: Leadership – Core Management Team
Leadership – Core Management Team Mr. R Subramaniakumar Mr. Rajeev Ahuja Managing Director and CEO Executive Director A veteran banker with 40 years of experience; Previously, associated Previously, associated with Citibank India, Bank of America, India and with PNB, Indian Bank and Indian Overseas
Slide 49: Leadership – Core Management Team (Contd.)
Leadership – Core Management Team (Contd.) Mr. Prakash Gupta Mr. Ravi Pichan Chief Compliance Officer Chief Information Officer & Head - Digital Banking Unit Previously, associated with Barclays, Credit-Suisse and Rabobank Previously, associated with Larsen & Toubro Infotech, Capgemini, Barclays & B
Slide 50: Profit & Loss Statement
Profit & Loss Statement Particulars Q4 FY25 Q4 FY24 Q3 FY25 FY 25 FY 24 Income Interest Earned 3,476 3,339 3,536 14,039 12,394 Interest Expended 1,913 1,739 1,951 7,576 6,351 Net Interest Income 1,563 1,600 1,585 6,463 6,043 Other Income 1,000 875 1,073 3,806 3,043 Total Income 2,563 2,475 2,658 10,
Slide 51: Balance Sheet
Balance Sheet Particulars March 2025 Dec 2024 March 2024 Liabilities Capital 608 608 605 Reserves and Surplus 14,999 14,908 14,191 Deposits 1,10,944 1,06,753 1,03,494 Borrowings 13,734 12,791 14,184 Other Liabilities 6,441 5,840 5,958 Total 1,46,725 1,40,900 1,38,432 Assets Cash & Balances with RBI
Slide 52: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars Q4 FY25 Q4 FY24 Q3 FY25 FY 25 FY 24 Income Interest Earned 3,477 3,339 3,537 14,041 12,394 Interest Expended 1,913 1,739 1,951 7,576 6,350 Net Interest Income 1,564 1,600 1,585 6,465 6,044 Other Income 1,001 876 1,074 3,778 3,060 Total Income 2,565 2,
Slide 53: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars March 2025 Dec 2024 March 2024 Liabilities Capital 608 608 605 Reserves and Surplus 15,062 14,952 14,232 Deposits 1,10,933 1,06,746 1,03,470 Borrowings 13,735 12,793 14,185 Other Liabilities 6,435 5,832 5,961 Total 1,46,772 1,40,931 1,38,454 Assets Goodwill on
Slide 54: Historical Performance
Historical Performance Particulars FY 15 FY 16 FY 17 FY 18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Net Worth 2,224 2,960 4,242 6,544 7,336 10,290 12,254 12,006 12,996 14,206 14,930 Deposits 17,099 24,349 34,588 43,902 58,394 57,812 73,121 79,007 84,887 103,494 110,944 Advances (Net) 14,450 21,229 29,449
Slide 55: Thank you
Thank you apno ka bank | RBL Bank 55