RBL Bank stock dips more than 2% after CFO steps down; stock has climbed 90% in 2025

“…we hereby inform you that Mr Buvanesh Tharashankar, Chief Financial Officer, being Key Managerial Personnel and part of the Senior Management of RBL Bank Limited (“the Bank”), has tendered his resignation in order to pursue opportunities outside the Bank,” RBL Bank had said in a regulatory filing.

Tharashankar’s last working day was on Monday, December 15, 2025.

As per the succession plan approved by the board, RBL Bank has an identified interim successor in place for this position.

RBL Bank share price

At 1:40 PM, shares of RBL Bank were trading 1.63% lower on the National Stock Exchange (NSE) at ₹299.35 apiece.

Shares of the lender have lost 5.5% in the last month, while they have soared 38% in six months. Since the beginning of 2025, the stock has skyrocketed 90%. The firm has a market capitalisation of ₹18,463.05 crore.

Shares of the bank had touched their one-year high of ₹332 apiece on November 6, 2025, while their 52-week low of ₹146.10 was hit on January 20, 2025.

RBL Bank Q2 earnings

RBL Bank had reported a 16% rise in its net profit to ₹160 crore for the second quarter ended September 2025 (Q2 FY26). The private sector lender had recorded a net profit of ₹138 crore in the same quarter a year ago.

Its total income increased to ₹1,458 crore during the quarter under review from ₹1,064 crore logged in the same period of the last year. The bank earned an interest income of ₹1,109 crore during the quarter compared to ₹865 crore a year ago.

The net interest income (NII) improved to ₹424 crore from ₹367 crore seen in the second quarter of the previous year, registering a 15% growth. Its operating profit increased by 39% to ₹279 crore in Q2 FY26 from ₹200 crore seen in Q2 FY25.

With regard to asset quality, the gross non-performing assets (NPAs) rose to 1.81% of the gross loans by the end of September 2025 from 1.68% a year ago. However, net NPAs, or bad loans, declined 0.52% from 0.69% at the end of the second quarter of the previous fiscal year.