BNP Paribas, which holds equity in RBL Bank through its affiliate BNP Paribas Financial Markets, sold these shares at a price of Rs 296 apiece, up 0.8% over the Tuesday closing price of Rs 293.70 on the BSE.
BNP Paribas held 2.47% stake in RBL Bank as on December 31, 2025, which accounted for 1.52 crore shares. After the deal, the holding is down to 92.57 lakh shares.
RBL Bank shares have been on a downward trajectory for the past three months, declining nearly 9% in this period. It has underperformed benchmarks Nifty and the BSE Sensex, which are both down nearly 3%.
However, the consolidation is on the back of a strong run as despite the recent losses, its 1-year returns are at an impressive 90%.
The stock is currently trading below its 50-day simple moving average (SMA) of Rs 308.7 while remaining above its 200-day SMA of Rs 263.2, according to Trendlyne data.
Also read: Tata Motors (CV) block deal: BNP Paribas picks up Rs 152 crore stake as Goldman Sachs sellsThe lender reported a massive 555% increase in its net profit to Rs 214 crore in the third quarter of FY26 compared to Rs 33 crore it reported in the same quarter of the previous financial year. On a quarter-on-quarter basis, the lender reported a 20% increase in profitability.
It earned an interest income of Rs 1,657 crore, marking a 5% increase from Rs 1,585 crore it posted in the corresponding quarter of the previous year. The company’s NIM or net interest margin was 4.63%, lower by 33 basis points from 4.90% it reported in the third quarter of the previous financial year, the company said in a regulatory filing.
The asset quality improved during the quarter, with the gross NPA ratio declining to 1.88% as of December 31, 2025, from 2.32% at the end of September 2025. The net NPA ratio also edged lower to 0.55% from 0.57% over the same period. The provision coverage ratio, including technical write-offs, stood at a healthy 93.2%.
Motilal Oswal has maintained a Buy rating on RBL Bank with a target price of Rs 370, an upside of 14% from current levels. This comes despite the bank reporting an earnings miss due to higher provisions. Pre-provision operating profit (PPoP) was better than expected, supported by strong other income. Business growth remained modest in the quarter; however, management has guided for healthy expansion ahead, with wholesale advances seen growing at 20–25% YoY and retail advances at 25–30% YoY.
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