RBL Bank Limited — Q2FY27 earnings call summary

Filed 16 October 2026 · Official transcript

Elevated credit costs in co-brand portfolio expected to normalize by Q1 FY26
Profitability of co-brand portfolio currently below normalized levels, expected to improve by Q1 FY26
Credit card portfolio expected to grow 10-15% range-bound going forward
No material financial impact expected from discontinuation of Bajaj Finance sourcing
Customer retention and spend patterns expected stable post partnership end
New co-brand partners target mass affluent customers with similar credit criteria
Trail fee payouts to Bajaj Finance expected to sunset over 2-3 years
RBL Bank ended fresh credit card sourcing with Bajaj Finance, servicing existing 3.4 million co-brand cards continues