RBLBANK

b RBLBANK July 19, 2019 apno ka bank The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange Limited, 151 Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Sandra Kurla Complex, Sandra (East) Mumbai - 400001. Mumbai -400051. Script Code: 540065 Script Name: RBLBANK Sub: Disclosure under relevant provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") Dear Sir/Madam, Pursuant to the applicable provisions of the SEBI LODR, this is to inform you that the Board of Directors of the Bank at its meeting held today has inter-alia approved the Unaudited Financial Results (Limited Reviewed) for the quarter ended June 30, 2019. In this regard, we enclose the following: 1. Unaudited Financial Results (Limited Reviewed) of the Bank, for the quarter ended June 30, 2019, duly considered by the Audit Committee of the Board and which were approved by the Board of Directors in today's meeting. 2. Limited Review Report by the Statutory Auditors M/s. BSR & Co. LLP, Chartered Accountants (Registration No. 10 1248W/ W- 10 0022) on the financial results. 3. Press Release on the Unaudited Financial Results of the Bank for the quarter ended June 30, 2019. 4. Investor Presentation on the Unaudited Financial Results of the Bank for the quarter ended June 30, 2019. Please note that the Board Meeting for results commenced at II: Lt) C l·P1.and concluded at \2~'3Sp·m . Kindly take the same on record. Thanking you. Yours faithfully, For RBL Bank Limited Jaidee~~ Head - Strategy Encl.: As above. www.rblbank.com RBL Bank Limited Cunloolling Office: One Indiab ulla Cenloe, Towel 29. Gth Floot. 841, SenHpati BHpHt MHrg. Luwco PHrcl. MuonbHi 400 013. MHhHrH"hlrH, lndiH IT el: •91 43020600 I rax:+9143020520 Registered Office: 1st Lane. Shahupuri, Kolhapur· 416 001. lndia.l Tel.: +91 231 66502141 Fax: +91 231 2657386 CIN: L6 5191PN1943PLC007308 • E-mail: customercare@rblbank.com RBL BANK <~pno ka bczrtk RBL Bank Limited Registered Office: 'Mahaveer', 179/E Ward, Shri Shahu Market Yard, Kolhapur-416005 Corporate Office: One lndiabulls Centre, Tower 2B, 6th Floor, 841, Senapati Bapat Marg, Lower Parel (W}, Mumbai-400013 Tel.: +91 22 4302 0600, Fax: +91 22 4302 0520 Website: ...y~w.rblgan~c_Q!TI 1 E-mail: investorgrlevances@rblbank.com I CIN: L65191PN1943PLC007308 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2019 (~in Lacs) Standalone Quarter ended Quarter ended Quarter ended Year ended Sr. 31.03.2019 Particulars 30.06.2019 30.06.2018 31.03.2019 No. (Refer Note 2) Unaudited Audited Unaudited Audited 1 Interest earned (a)+(b)+(c)+(d) 202,267 183,412 136,422 630,071 {a) Interest/ discount on advances/ bills 161,861 146,864 107,740 504,983 {b) Income on investments 34,026 29,739 26,083 109,344 Interest on balances with Reserve Bank of India (c) and other inter-bank funds 4,210 4,523 1,882 11,124 (d) Others 2,170 2,286 717 4,620 2 Other Income 48,121 40,923 32,597 144,237 3 Total Income (1+2) 250,388 224,335 169,019 774,308 4 Interest Expended 120,535 109,540 81,152 376,123 5 Operating Expenses (i)+(ii) 67,973 58,796 44,635 204,202 (i) Employees cost 18,454 16,820 15,300 63,618 (ii) Other operating expenses 49,519 41,976 29,335 140,584 Total Expenditure (4+5) excluding provisions 6 and contingencies 188,508 168,336 125,787 580,325 Operating Profit before provisions and 7 contingencies (3-6) 61,880 55,999 43,232 193,983 8 Provisions (other than tax) and Contingencies 21,318 19,997 14,035 64,068 9 Exceptional Items - - - - Profit (+)/ Loss (-) from Ordinary Activities 10 before taxJ7-8-9) 40,562 36,002 29,197 129,915 11 Tax expense 13,857 11,284 10,193 43,220 Net Profit {+)/ Loss (-) from Ordinary Activities 12 after tax (10-11) 26,705 24,718 19,004 86,695 13 Extraordinary items (net of tax expense) - - - - 14 Net Profit (+)I Loss(-) for the period (12-13) 26,705 24,718 19,004 86,695 Paid-up equity share capital {Face Value of~ 10/- 15 each) 42,771 42,671 42,093 42,671 16 Reserves excluding Revaluation Reserves 711,970 17 Analytical Ratios Percentage of shares held by Government of (i) India Nil Nil Nil Nil (ii) Capital Adequacy Ratio(%) - Basel Ill 12.07 13.46 14.23 13.46 (iii) Earnings Per Share (EPS)-(Basic and Diluted)~ - Basic EPS before I after Extraordinary items (a) (not annualized) 6.25 5.79 4.52 20.47 - Diluted EPS before I after Extraordinary items - (b) (not annualized) 6.11 5.68 4.41 20.04 (iv) NPA Ratios (Refer Note 7) f /:_~~. / ~ ~KL~ Q;)., 51h floor. ~(-<1' !J LuGhJ Excel us, ~cE~ MUMBAI 11\ Apollo M Con1p nd. (P-~~2) I) Page 1 of 7 * N I t '•ro. * C(. 0 'J ~b I ml, .."..' MumDal • 400 011 ,r:: <:>~ India. * ...,. & <' ~ ~'ed Acco\) RBL BANK apno ka bank Standalone Quarter ended Quarter ended Quarter ended Year ended Sr. 31.03.2019 Particulars 30.06.2019 30.06.2018 31.03.2019 No. (Refer Note 2) Unaudited Audited Unaudited Audited (a) Gross NPA 78,921 75,462 59,594 75,462 Net NPA 37,164 37,274 31,577 37,274 (b) Gross NPA% 1.38 1.38 1.40 1.38 Net NPA% 0.65 0.69 0.75 0.69 (v) Return on Assets% (annualised) 1.31 1.30 1.26 1.27 1. These results have been reviewed by the Audit Committee and subsequently taken on record and approved by the Board of Directors of the Bank at its meeting held in Mumbai on July 19, 2019. There are no qualifications in the auditor's limited review report for the quarter ended June 30, 2019. 2. The figures of the last quarter for the previous year is the balancing figures between audited figures in respect of the full financial year and the unaudited published year to date figures up to the third quarter. The figures up to the end ofthe third quarter were only subjected to limited review and not subjected to audit. 3. The results for the quarter ended June 30, 2019 have been arrived at after considering provision for standard assets including requirements for exposures to entities with Un-hedged Foreign Currency Exposures, Non Performing Assets (NPAs), and depreciation on investments, income-tax and other usual and necessary provisions. 4. During Lhe quarler ended June 30, 2019, the Bank allotted 1,004,241 shares, pursuant to the exercise of stock options under its Employees Stock Option Scheme. 5. The business operations of the Bank are largely concentrated in India and for the purpose of segment reporting, the Bank is considered to operate only in domestic segment. 6. RRI Circ:ulnr DRR.No.RP.RC.1I/1.06./01I/015-16 dated July 01, 2015, on 'Basel Ill Capital Regulations' read together with the RBI circular DBR.No.BP.BC.80I21.06.201I2014-15 dated March 31, 2015 on 'Prudential Guidelines on Capital Adequacy and Liquidity Standards- Amendments' requires banks to make applicable Pillar 3 disclosures including Leverage Ratio and Liquidity Coverage Ratio (LCR) under Basel Ill Framework. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: http://www.rblbank.com/BaseiDisclosures.aspx. These disclosures have not been subjected to limited review by the Statutory Auditors. 7. The disclosures for NPA referred to in point 17 (iv) above correspond to Non Performing Advances. 8. The Bank has followed the same significant accounting policies in the preparation of these financial results as those followed in the annual financial statement for the year ended March 31, 2019. 9. Previous period I year figures have been regrouped I reclassified, where necessary to conform to current period I year classification. Page 2 of 7 RBL BANK apno J<a bank SEGMENT REPORTING FOR THE QUARTER ENDED JUNE 30, 2019 (~in Lacs) Standalone Quarter ended Quarter ended Quarter ended Year ended Sr. 31.03.2019 Particulars 30.06.2019 30.06.2018 31.03.2019 No. (Refer Note 2) Unaudited Audited Unaudited Audited 1 Segment Revenue (a) Corporate I Wholesale Banking 135,655 128,163 87,302 434,884 (b) Retail Banking 125,652 109,175 86,441 392,341 (c) Treasury 150,200 133,482 102,938 465,713 (d) Other Banking Operations 55,498 47,457 26,670 147,050 Total [Items (a) to (d)] 467,005 418,277 303,351 1,439,988 Less: Inter Segment Revenue 216,617 193,942 134,332 665,680 Total Income 250,388 224,335 169,019 774,308 Segment Results (Profit(+)/ Loss (-) before tax and 2 interest) (a) Corporate I Wholesale Banking 11,323 16,674 11,415 49,352 (b) Retail Banking 9,986 8,723 9,468 39,877 (c) Treasury 9,797 1,166 3,192 13,944 (d) Other Banking Operations 9,447 9,434 5,120 26,741 Total [Items (a) to (d)] 40,553 35,997 29,195 129,914 Less: i) Interest - - - - ii) Other Un-allocable Expenditure net off 1 - - -- (iii) Un-allocable income (10) (5) (2) (1) Total Profit Before Tax 40,562 36,002 29,197 129,915 3 Segment Assets Corporate/Wholesale Banking 3,417,199 3,348,889 2,736,533 3,34R,RRC} Retuil Bunking 1,652,082 1,604,970 1,235,981 1,G04,970 Treasury 2,516,535 2,378,718 1,882,375 2,378,718 Other Banking Operations 677,706 537,003 293,370 537,003 Unallocated 140,971 166,302 108,013 166,302 Total 8,404,493 8,035,882 6,256,272 8,035,882 4. Segment Liabilities Corporate/Wholesale Banking 2,387,793 2,104,407 1,573,563 2,104,407 Retail Banking 3,278,410 2,976,795 2,202,207 2,976,795 Treasury 1,936,470 2,186,824 1,774,268 2,186,824 Other Banking Operations 11,242 12,484 10,769 12,484 Unallocated 6,888 640 6,516 640 Capital and Reserves 783,690 754,732 688,949 754,732 Total 8,404,493 8,035,882 6,256,272 8,035,882 Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, the organisation structure, the internal business reporting structure, guidelines prescribed by RBI and in compliance with the Accounting Standard 17 -"Segment Reporting". Page 3 of 7 BL BANK apno ka bonk UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2019 (~in Lacs) Consolidated Quarter ended Quarter ended Quarter ended Year ended Sr. 31.03.2019 Particulars 30.06.2019 30.06.2018 31.03.2019 No. (Refer Note 2) Unaudited Unaudited Unaudited Audited 1 Interest earned (a)+(b)+(c)+(d) 208,325 183,448 136,446 630,208 (a) Interest/ discount on advances/ bills 167,901 146,864 107,740 504,983 (b) Income on investments 34,026 29,739 26,083 109,344 Interest on balances with Reserve Bank of India (c) and other inter-bank funds 4,210 4,523 1,882 11,124 (d) Others 2,188 2,322 741 4,757 2 Other Income 48,361 40,919 32,564 144,098 3 Total Income (1+2) 256,686 224,367 169,010 774,306 4 Interest Expended 120,535 109,543 81,125 376,065 5 Operating Expenses (i)+(ii) 74,426 60,359 43,714 204,390 (i) Employees cost 22,724 20,814 17,285 75,231 (ii) Other operating expenses 51,702 39,545 26,429 129,159 Total Expenditure (4+5) excluding provisions 6 and contingencies 194,961 169,902 124,839 580,455 Operating Profit before provisions and 7 contingencies (3-6) 61,725 54,465 44,171 193,851 8 Provisions (other than tax) and Contingencies 21,318 19,997 14,035 64,068 -- 9 Exceptional Items - - - - Profit (+)/ Loss (-) from Ordinary Activities 10 before tax (7-8-9) 40,407 34,468 30,136 129,783 11 Tax expense 13,865 11,711 10,193 43,647 Net Profit (+)/Loss (-) from Ordinary Activities 12 after tax before Minority Interest (10-11) 26,542 22,757 19,943 86,136 - - - 13 Extraordinary items (net of tax expense) - Net Profit (+)/ Loss (-) for the period before 14 Minority Interest (12-13) 26,542 22,757 19,943 86,136 15 Less: Share of Minority Interest - - 353 353 16 Add: Share in Profit (+)/Loss(-) of associate - - - - 17 Profit after tax (14-15+16) 26,542 22,757 19,590 85,783 Paid-up equity share capital( Face Value of~ 10/- 18 each) 42,771 42,671 42,093 42,671 19 Reserves excluding Revaluation Reserves 710,717 20 Minority Interest - - - - 21 Analytical Ratios Percentage of shares held by Government of {i) India Nil Nil Nil Nil (ii) Capital Adequacy Ratio(%)- Basel Ill 12.07 13.46 14.23 13.46 (iii) Earnings Per Share (EPS)-~ - Basic EPS before I after Extraordinary items (a) (not annualized) 6.22 5.33 4.66 20.25 - Diluted E~S ~~~Extraordinary items (b) (not ann~J§U~&l..---..::.;, ( / ~ ~ 6.07 5.23 4.55 19.83 ~Lv~~~il-.: FJ.Cf Iu's, B~ * Aeoli~ ~;"'1,1~ound, * IJ t( MUMBAI ~ N.! I o·l' l"a1g, \! (P-462) 0 I) Page 4 of 7 1. 1laxrni, Cl) ~ Mumbal-400 011 ;;: ~ India. ,, "t. <' -* f!lred Accov RBL BANK apno .k:a barrl< Consolidated Quarter ended Quarter ended Quarter ended Year ended 31.03.2019 Sr. 30.06.2019 30.06.2018 31.03.2019 Particulars (Refer Note 2) No. Unaudited Unaudited Unaudited Audited (iv) NPA Ratios (Refer Note 7) (a) Gross NPA 78,921 75,462 59,594 75,462 Net NPA 37,164 37,274 31,577 37,274 (b) Gross NPA% 1.38 1.38 1.40 1.38 Net NPA% 0.65 0.69 0.75 0.69 (v) Return on Assets % (annualised) 1.30 1.19 1.29 1.27 1. These results have been reviewed by the Audit Committee and subsequently taken on record and approved by the Board of Directors of the Bank at its meeting held in Mumbai on July 19, 2019. There are no qualifications in the auditor's limited review report for the quarter ended June 30, 2019. 2. The figures of the last quarter for the previous year is the balancing figures between audited figures in respect of the full financial year and the unaudited year to date figures up to the third quarter. The figures up to the end of the third quarter were not subjected to limited review and audit. 3. The results for the quarter ended June 30, 2019 have been arrived at after considering provision for standard assets including requirements for exposures to entities with Un-hedged Foreign Currency Exposures, Non Performing Assets (NPAs), and depreciation on investments, income-tax and other usual and necessary provisions. 4. During the quarter ended June 30, 2019, the Bank allotted 1,004,241 shares, pursuant to the exercise of stock options under its Employees Stock Option Scheme. 5. The business operations of the Group is largely concentrated in India and for the purpose of segment reporting, the Group is considered to operate only in domestic segment. 6. RBI Circular DBR.No.BP.BC.1I21.06.201I2015-16 dated July 01, 2015, on 'Basel Ill Capital Regulations' read together with the RBI circular DBR.No.BP.BC.80I21.06.201I2014-15 dated March 31, 2015 on 'Prudential Guidelines on Capital Adequacy and Liquidity Standards -Amendments' requires banks to make applicable Pillar 3 disclosures including Leverage Ratio and Liquidity Coverage Ratio (LCR) under Basel Ill Framework. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: http://www.rblbank.com/BaseiDisclosures.aspx. These disclosures have not been subjected to limited review by the Statutory Auditors. 7. The disclosures for NPA referred to in point 21 (iv) above correspond to Non Performing Advances. 8. The Bank has followed the same significant accounting policies in the preparation of these financial results as those followed in the annual financial statement for the year ended March 31, 2019. 9. Previous period I year figures have been regrouped I reclassified, where necessary to conform to current period I year classification. 10. The consolidated financial results of the group comprise the financial results of RBL Bank Limited and its subsidiary RBL Finserve Limited (RFL) (formerly Swadhaar Finserve Private Limited {SFPL)) Page 5 of 7 RBL BANK SEGMENT REPORTING FOR THE QUARTER ENDED JUNE 30, 2019 (~in Lacs) Consolidated Quarter ended Quarter ended Quarter ended Year ended 31.03.2019 Sr. 30.06.2019 30.06.2018 31.03.2019 Particulars (Refer Note 2) No. Unaudited Unaudited Unaudited Audited 1 Segment Revenue (a) Corporate I Wholesale Banking 135,655 128,163 87,302 434,884 (b) Retail Banking 125,652 109,175 86,441 392,341 (c) Treasury 150,200 133,482 102,938 465,713 (d) Other Banking Operations 61,796 47,489 26,661 147,049 Total [Items (a) to (d)] 473,303 418,309 303,342 1,439,987 Less: Inter Segment Revenue 216,617 193,942 134,332 665,681 Total Income 256,686 224,367 169,010 774,306 Segment Results (Profit(+)/ Loss (-) before tax and 2 interest) (a) Corporate I Wholesale Banking 11,323 16,674 11,415 49,352 (b) Retail Banking 9,986 8,723 9,468 39,877 (c) Treasury 9,797 1,166 3,192 13,944 (d) Other Banking Operations 9,292 7,902 6,059 26,610 Total [Items (a) to (d)] 40,398 34,465 30,134 129,783 Less: i) Interest - . - . ii) Other Un-allocable Expenditure net off 1 - - - (iii) Un-allocable income (10) (3) (2) - Total Profit Before Tax 40,407 34,468 30,136 129,783 3 Segment Assets Corporate/Wholesale Banking 3,417,199 3,348,889 2,736,533 3,348,889 Retail Banking 1,652,082 1,604,970 1,235,981 1,604,970 Treasury 2,516,535 2,378,718 1,882,375 2,378,718 Other Banking Operations 678,554 540,900 295,258 540,900 Unallocated 140,971 166,302 108,013 166,302 Total 8,405,341 8,039,779 6,258,160 8,039,779 4. Segment Liabilities Corporate/Wholesale Banking 2,387,793 2,104,407 1,573,563 2,104,407 Retail Banking 3,278,410 2,976,795 2,202,207 2,976,795 Treasury 1,936,470 2,186,824 1,774,268 2,186,824 Other Banking Operations 12,090 16,381 12,657 16,381 Unallocated 8,304 1,893 6,516 1,893 Capital and Reserves 782,274 753,479 688,949 753,479 Total 8,405,341 8,039,779 6,258,160 8,039,779 Page 6 of 7 RBL BA K apno ka bank Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, the organisation structure, the internal business reporting structure, guidelines prescribed by RBI and in compliance with the Accounting Standard 17-"Segment Reporting". Place: Mumbai For RBL Bank Limited Date: July 19, 2019 Vishwavir Ahuja Managing Director & CEO Page 7 of 7 RBL Bank Limited One Indiabulls Centre, Tower 2B th 6 Floor, 841, Senapati Bapat Marg, Lower Parel West, Mumbai 400013 For immediate release Standalone Financial Results for Quarter ended June 30, 2019 (Q1 FY20) RBL Bank reports advances growth of 35% in Q1 FY20, Operating profit increase of 43% and Net Profit increase of 41% at 267.1 crore on a YoY basis Key financial highlights:  Q1 FY20 Net Profit up by 41% to 267.1 crore  Advances (Net) at 56,836.7 crore and Deposits at 60,810.9 crore both increased up by 35% on Year on Year (YoY) basis  Net Interest Income (NII) up by 48% to 817.3 crore  Other Income up by 48% to 481.2 crore  Core fee income up by 42% to 411.1 crore  NIM improves to 4.31% up from 4.04% in Q1 FY19. Cost to income ratio is at 52.35%  Gross NPA ratio at 1.38% (1.40% in Q1 FY19); Net NPA ratio at 0.65% (0.75% in Q1 FY19); Provision coverage ratio increases to 69.13% (60.41% in Q1 FY19)  Return on Assets at 1.31% up from 1.26% in Q1 FY19; Commenting on the performance Mr. Vishwavir Ahuja, MD & CEO, RBL Bank said “The Bank has had a good quarter of strong performance and has continued to maintain its growth momentum and improvement in operating metrics. However, given the difficult environment we do expect to face some challenges on some of our exposures in the near term. At the same time, given the strong momentum in our businesses, we do expect to maintain a healthy profitable growth over the coming quarters” Mumbai, July 19, 2019: The Board of Directors of RBL Bank Limited at its meeting held today, approved the financial results for the quarter ended June 30, 2019. Key Financials: Rs. in crore Q1 FY20 Q1 FY19 YoY Q4 FY19 QoQ FY19 Net Interest Income 817.3 552.7 48% 738.7 11% 2,539.5 Other Income 481.2 326.0 48% 409.2 18% 1,442.4 Net Total Income 1,298.5 878.7 48% 1,148.0 13% 3,981.9 Operating Profit 618.8 432.3 43% 560.0 11% 1,939.8 Net profit (after tax) 267.1 190.0 41% 247.2 8% 867.0 Rs. in crore June 30, 2019 June 30, 2018 YoY March 31, 2019 QoQ Advances (Net) 56,836.7 42,198.1 35% 54,308.2 5% Deposits 60,810.9 44,949.6 35% 58,394.4 4% Investments (Net) 16,638.6 14,240.5 17% 16,840.4 -1% Key ratios: Particulars (in %) Q1 FY20 Q1 FY19 FY19 Net Interest Margin 4.31 4.04 4.14 Cost to Income 52.35 50.80 51.28 Return on Assets 1.31 1.26 1.27 Return on Equity 13.78 11.16 12.15 Gross NPA 1.38 1.40 1.38 Net NPA 0.65 0.75 0.69 Provision Coverage Ratio 69.13 60.41 65.30 Page 1 of 4 RBL Bank Limited One Indiabulls Centre, Tower 2B th 6 Floor, 841, Senapati Bapat Marg, Lower Parel West, Mumbai 400013 Performance highlights – Quarter ended June 30, 2019 (Q1 FY20):  Net Interest Income (NII) at 817.3 crore as against 552.7 crore in Q1 FY19, an increase of 48%  Other Income at 481.2 crore as against 326.0 crore in Q1 FY19, an increase of 48%  Core fee income at 411.1 crore as against 289.0 in Q1 FY19, an increase of 42%  Operating profit at 618.8 crore as against 432.3 crore in Q1 FY19, an increase of 43%  Net profit at 267.1 crore as against 190.0 crore in Q1 FY19, an increase of 41%  Net Interest Margin (NIM) at 4.31% as against 4.04% in Q1 FY19, an improvement of 27 bps  Cost to Income ratio at 52.35% as against 50.80% in Q1 FY19, an improvement of 1.55%  Return on Assets (RoA) at 1.31% as against 1.26% in Q1 FY19  Return on Equity (RoE) at 13.78% as against 11.16% in Q1 FY19  Net Advances as at June 30, 2019 stood at 56,836.7 crore as compared to 42,198.1 crore as at June 30, 2018, a growth of 35%  Gross NPA decreased to 1.38% as at June 30, 2019 against 1.40% as at June 30, 2018. Net NPA decreased to 0.65% as at June 30, 2019 against 0.75% as at June 30, 2018  Deposits as at June 30, 2019 stood at 60,810.9 crore as compared to 44,949.6 crore as at June 30, 2018, a growth of 35%  Current Accounts & Savings Accounts (CASA) ratio improved to 25.83% as at June 30, 2019 from 24.42% as at June 30, 2018  Capital Adequacy Ratio as per BASEL III Capital regulations as at June 30, 2019 was 12.07% against 14.23% as at June 30, 2018  The bank has 332 branches as of June 30, 2019. In addition the Bank also has 1,013 business correspondent branches, of which 228 are banking outlets. RBL Finserve Limited (“RBL Finserve”) (Formerly Swadhaar Finserve Private Limited), a 100% subsidiary of the Bank, accounts for 458 business correspondent branches Page 2 of 4 RBL Bank Limited One Indiabulls Centre, Tower 2B th 6 Floor, 841, Senapati Bapat Marg, Lower Parel West, Mumbai 400013 Operating review Asset growth and quality The Bank’s growth in advances portfolio continued to be robust at 35% on a year-on-year basis. The net advances as at June 30, 2019 were 56,836.7 crore as against 42,198.1 on June 30, 2018, with all-round growth observed in all business segments. The growth in the Corporate & Institutional segment and Commercial Banking (together termed as “Wholesale portfolio”) was pegged at 23%, while that of other segments (Retail Assets and Development Banking & Financial Inclusion – together termed as (“Non-wholesale portfolio”) was 52%. The non- wholesale portfolio constituted about 46% of the loan portfolio of the Bank as at June 30, 2019. The gross NPA ratio has decreased to 1.38% as at June 30, 2019 from 1.40% as at June 30, 2018. The restructured standard assets portfolio has decreased to 0.06% as at June 30, 2019 from 0.10% as at June 30, 2018. The net NPA ratio has decreased to 0.65% as at June 30, 2019 from 0.75% as at June 30, 2018. The Bank’s provisioning coverage ratio (including technical write-offs), improved to 69.13% as at June 30, 2019 as compared to 60.41% as at June 30, 2018. Deposit growth The Bank’s deposits grew on 35% year on year basis with CASA growing faster at 43%. Deposits grew to 60,810.9 crore as at June 30, 2019 as against 44,949.6 crore as at June 30, 2018. CASA ratio increased to 25.83% as at June 30, 2019 compared to 24.42% as at June 30, 2018. Capital adequacy The Bank’s capital adequacy ratio as at June 30, 2019 was 12.07%, significantly higher than the regulatory requirements. Page 3 of 4 RBL Bank Limited One Indiabulls Centre, Tower 2B th 6 Floor, 841, Senapati Bapat Marg, Lower Parel West, Mumbai 400013 About RBL Bank RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets, Development Banking and Financial Inclusion, Treasury and Financial Markets Operations. It currently services over 6.9 million customers through a network of 332 branches, 1,013 business correspondent branches (of which 228 banking outlets) and 376 ATMs spread across 23 Indian states and Union Territories. RBL Bank is listed on both NSE and BSE (RBLBANK). For further details, please visit www.rblbank.com Ratings:  ICRA AA- (Hyb) with a stable outlook for Basel III compliant Tier II subordinate debt program  CARE AA- with a stable outlook for Basel III compliant Tier II subordinate debt program  ICRA MAA with a stable outlook for Fixed (Medium Term) Deposits program  ICRA A1+ for Fixed (Short Term) Deposits program  ICRA A1+ for certificate of deposit program Media Contact(s): Abhijit Somvanshi Saranya Shetty Head – Marketing & Communications DVP – Marketing & Communications RBL BANK RBL BANK T: +91 22-43020565 | M: +91 9920915158 M: +91 9819460747 E: abhijit.somvanshi@rblbank.com E: saranya.shetty@rblbank.com Jyothi Goswami Ankur Dahiya Group Head – Financial Services Account Manager – Financial Services AdFactors PR AdFactors PR T: +91 22-67574325 | M: +91 9167047258 T: +91 22-67574286 | M: +91 9860998788 E: jyothi@adfactorspr.com E: ankur.dahiya@adfactorspr.com 1 crore = 10 million Page 4 of 4 Investor Presentation 1st Quarter/ FY 20 July 19, 2019 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 the Company at analyst and investor meetings and does not constitute a recommendation regarding the securities of the Company. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information, or opinions contained herein. Neither the Company nor any of its advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. Neither the Company nor any of its advisors or representatives is under any obligation to update or keep current the information contained herein. The information communicated in this presentation contains certain statements that are or may be forward looking. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import. By their nature forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Any investment in securities issued by the Company will also involve certain risks. There may be additional material risks that are currently not considered to be material or of which the Company and its advisors or representatives are unaware. Against the background of these uncertainties, readers should not unduly rely on these forward looking statements. The Company, its advisors and representatives assume no responsibility to update forward-looking statements or to adapt them to future events or developments. This presentation has been prepared for informational purposes only. 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ALL FIGURES IN THIS DOCUMENT ARE IN INR CRORE UNLESS MENTIONED OTHERWISE ; 1 CRORE = 10 MILLION 2 Glossary and Key Notes AEPS Aadhaar Enabled Payment System IFI Institutional Financial Inclusion Agri Agribusiness Banking INR Indian Rupee API Application Programming Interface IPO Initial Public Offering ARC Asset Reconstruction Company LAP Loan Against Property ATM Automated Teller Machine MF Mutual Funds BC Business Correspondent Mn Million BIL Business Installment Loan MSME Micro, Small and Medium Enterprises Bps Basis Points NABARD National Bank for Agriculture and Rural Development BVPS Book Value Per Share NFB Non Fund Based C&IB Corporate & Institutional Banking NIM Net Interest Margin CAGR Compounded Annual Growth Rate NNPA Net Non Preforming Assets CASA Current Account and Savings Account NPA Non Performing Assets CB Commercial Banking PCR Provision Coverage Ratio CBDT Central Board for Direct Taxes PIL Personal Installment Loan CC Credit Card Q1 3 month period ended June 30( April 1 - June 30) CEO Chief Executive Officer Q2 3 month period ended September 30( July 1 - September 30) CET1 Core Equity Tier 1 Q3 3 month period ended December 31( October 1 - December 31) Cr Crore Q4 3 month period ended March 31(January 1 - March 31) CRAR Capital to Risk Weighted Assets Ratio QoQ Quarter on Quarter CSP Customer Service Point H1 6 month period ended September 30( April 1 - September 30) CSR Corporate Social Responsibility 9M 9 month period ended December 31( April 1 - December 31) DB & FI Development Banking & Financial Inclusion RBI Reserve Bank of India DBT Direct Benefit Transfer RoA Return on Assets FICC Fixed Income, Currency and Commodity RoE Return on Equity FPI Foreign Portfolio Investor RWA Risk Weighted Assets FY 12 month period ended March 31 SDR Strategic Debt Restructuring GNPA Gross Non Performing Assets SLR Statutory Liquidity Ratio G-Sec Government Securities UPI Unified Payments Interface GST Goods and Services Tax US United States HUF Hindu Undivided Family VCF Venture Capital Funds RBL RBL Finserve Ltd. YoY Year on Year Finserve 3 Table of Contents Topic Page Number Key Performance Highlights 5 RBL Vision 2020 11 Financial Performance 15 Distribution Network 30 Shareholding Pattern and Ratings 32 Awards 34 Microbanking Update 36 Credit Cards Update 40 Annexures 43 4 Q1 FY20 Financial Highlights Q1 FY20 continues to track well to RBL Vision 2020 goals Total Revenue growth in Q1 FY20 of 48% YoY NII growth of 48% YoY in Q1 FY20; Other Income growth of 48% YoY in Q1 FY20 Net Profit growth of 41% YoY in Q1 FY20 NIM continues upward trajectory, 4.31% in Q1 FY20 vs. 4.04% in Q1 FY19 ( 4.23% in Q4 FY19) Advances growth of 35% YoY, deposit growth of 35% YoY and CASA growth of 43% YoY GNPA at 1.38% vs. 1.40% in Q1 FY19 ( flat QoQ), NNPA at 0.65% vs. 0.75% in Q1 FY19 (0.69% in Q4 FY19) Overall net stressed advances at 0.71% for Q1 FY20 vs. 0.85% in Q1 FY19 (0.73% in Q4 FY19) PCR at 69.1% at Q1 FY20 vs. 60.4% in Q1 FY19 (65.3% in Q4 FY19) RoA at 1.31% and RoE at 13.78% for Q1 FY20 Total customer base of 6.92 million; addition of 0.4 million in the quarter 6 Q1 FY20 Highlights YoY Growth QoQ Growth Net interest Income Rs. 817cr 48% 11% Core Fee Income Rs. 411cr 42% 6% Net Total Income Rs. 1,299cr 48% 13% Operating Profit Rs. 619cr 43% 11% Net Profit Rs. 267cr 41% 8% 7 Q1 FY20 Highlights Contd…. YoY Growth QoQ Growth Advances Rs. 56,837cr 35% 5% Wholesale Rs. 30,713cr 23% 2% Advances Non-Wholesale Rs. 26,124cr 52% 8% Advances Deposits Rs. 60,811cr 35% 4% CASA Rs. 15,706cr 43% 8% 8 Key Indicators Pre-IPO Advances Deposits Net Profit RoA BVPS FY 11 1,905 2,042 12 0.5% Rs. 50 FY 16 21,229 24,349 292 1.0% Rs. 91 (84% CAGR FY 11-16) (64% CAGR FY 11-16) (88% CAGR FY 11-16) Post Listing Performance Advances YoY NIM Net Profit RoA Q3 FY17 26,773 46% 3.4% 129 1.17% Q4 FY17 29,449 39% 3.5% 130 1.20% Q1 FY18 31,108 40% 3.5% 141 1.19% Q2 FY18 33,576 35% 3.7% 151 1.19% Q3 FY18 36,890 38% 3.9% 165 1.22% Q4 FY18 40,268 37% 4.0% 178 1.25% Q1 FY19 42,198 36% 4.0% 190 1.26% Q2 FY19 45,873 37% 4.1% 205 1.26% Q3 FY19 49,893 35% 4.1% 225 1.27% Q4 FY19 54,308 35% 4.2% 247 1.30% Q1 FY20 56,837 35% 4.3% 267 1.31% BVPS for Q1 FY20 is Rs. 177.08 9 Key Indicators – Business Breakup Advances by Segment (%) Deposit Breakup (%) 9.3% 13.6% 38.7% 16.5% 32.4% 74.2% 15.4% Term Deposits Saving Deposits CIB CB Retail Assets DB&FI Current Deposits 10 Performance Tracking to Vision 2020 Goals RBL Vision 2020 Actual Q1 FY20 (Post IPO/Sept 2016) Advances 30-35% CAGR 35% FY 16: 18.6%; FY 17: 22.0%; 0.75 - 1% increase CASA Ratio FY 18: 24.3%; FY 19: 25.0%; every year Q1 FY20: 25.8% Other Income % ~ 1/3rd of Net Total Income 37% FY 16: 58.6%; FY 17: 53.5%; Cost/Income ratio of Operational Efficiency FY 18: 53.0%; FY 19: 51.3%, 51% - 52% by 2020 Q1 FY20: 52.3% FY 16: 0.98%; FY 17 : 1.08%; Return Ratios ~ 1.50% RoA by 2020 FY 18: 1.21%; FY 19: 1.27%, Q1 FY20: 1.31% 12 Key Initiatives of Vision 2020 Leveraging technology to acquire, engage and service clients API banking, Abacus (Digital savings account); Fintech Partnerships (Moneytap, Zeta) ; Credit card partnerships (Bajaj Finserv, BookMyShow, ET Money) Technology Enhancing distribution through a combination of owned branches, and BCs 332 own branches, 1013 BC branches (including 228 Banking Outlets) serve over 6.9 Mn customers pan-India Distribution Creation of Transaction and Payment platforms that leverage changes in ecosystem driven by Aadhaar, UPI, IndiaStack, GST etc. AEPS and UPI based mobile apps allow customers to transact through low cost channels Better availability of data for underwriting in case of retail and MSME businesses Platforms Enhancing cross-sell across all businesses Strong analytics teams in place to analyze data to enhance cross sell and customer Cross-sell targeting Increase presence in 'Mass Banking' - internal efforts, partnerships and acquisitions Extending network to individual loans in rural areas and offering deposits, insurance, DBT and remittance services Mass Banking Pilot partnership underway in affordable housing 13 Our Fundamentals Have Resulted in Consistent Strong Performance Key Pillars Robust corporate governance framework and processes Broad Based Shareholder and Strong Capital Base Professional and experienced management team Eminent Board of Directors 14 Strong Profitability Momentum Continues Parameter Q1 FY20 Q1 FY19 YoY Q4 FY19 QoQ FY19 Net Interest Income 817 553 48% 739 11% 2,539 Other Income 481 326 48% 409 18% 1,442 Net Total Income 1,299 879 48% 1,148 13% 3,982 Operating Profit 619 432 43% 560 11% 1,940 Net Profit 267 190 41% 247 8% 867 Parameter Q1 FY20 Q1 FY19 Q4 FY19 FY19 Other Income/Total Income 37.1% 37.1% 35.6% 36.2% Cost/Income 52.3% 50.8% 51.2% 51.3% Net Interest Margin 4.3% 4.0% 4.2% 4.1% Credit Cost/Advances (bps)* 35 25 29 111 RoA 1.31% 1.26% 1.30% 1.27% RoE 13.8% 11.2% 13.4% 12.2% * Not Annualized 16 Strong Growth in Business; Improvement in Asset Quality Parameter June 30,2019 June 30,2018 YoY Advances 56,837 42,198 35% Deposits 60,811 44,950 35% Investments 16,639 14,241 17% Parameter June 30,2019 June 30,2018 March 31,2019 CASA 25.8% 24.4% 25.0% GNPA 1.38% 1.40% 1.38% NNPA 0.65% 0.75% 0.69% Net Stressed Assets 0.71% 0.85% 0.73% PCR 69.1% 60.4% 65.3% CRAR* 12.4% 14.6% 13.5% * including interim profits 17 Well Diversified Other Income Profile; Rising Core Fee Income Other Income Core Fee Income Breakup 1,442 1,348 7% 9% 481 411 409 388 40% 9% 9% 326 15% 289 5% 47% 93% 8% 41% 4% 11% 13% 85% 40% 4% 95% 2% 4% 11% 12% 12% 23% 89% 23% 19% 24% 12% 12% 11% 12% Q1 FY19 Q4 FY19 Q1 FY20 FY 19 Q1 FY19 Q4 FY19 Q1 FY20 FY 19 18 Cost Increase Driven by Business Expansion; Range Bound Credit Costs Operating Expenses Net Credit Cost by Business (bps) 25* 29* 35* 111 2,042 69 24 24 680 55% 588 446 60% 11 58% 6% 52% 8% 8 19 7 5% 13 6% 6% 8% 10 7% 8% 31% 3 3 3 2 2 27% 1 34% 29% 0 Q1 FY19 Q4 FY19 Q1 FY20 FY 19 Q1 FY19 Q4 FY19 Q1 FY20 FY 19 * Not Annualized for the bank or at individual segment level for the quarter 19 Changing Advances Mix and Improving Yields Helping NIMs Yield June 30,2019 June 30,2018 YoY Proportion Q1 20 C&IB 21,980 17,149 28% 9.4% CB 8,733 7,837 11% (8.5%) 54% Wholesale 30,713 24,986 23% Retail Assets 18,390 11,361 62% LAP 6,945 4,339 60% Credit Cards 6,653 2,901 129% Retail Agri 1,523 1,525 0% BIL 1,504 1,160 30% 15.2% 46% Others 1,766 1,435 23% (14.0%) DB & FI 7,733 5,851 32% Micro-banking 4,969 3,698 34% IFI 1,696 1,504 13% MSME 1,068 649 65% Non-Wholesale 26,124 17,212 52% Q1 19 yields in brackets Total 56,837 42,198 35% 20 Diversified Loan Portfolio Break up of advances - Tenor of Advances Secured/Unsecured 56,837 56,837 54,308 54,308 7% 10% 9% 10% 7% 40,268 42,198 8% 25% 27% 7% 20% 11% 6% 21% 22% 16% 66% 63% 66% 61% 67% 71% June 30, 2018 March 31, 2019 June 30, 2019 June 30, 2018 March 31, 2019 June 30, 2019 Secured Unsecured - Retail Unsecured - Wholesale <1 year 1-3 years 3-5 years >5 years 21 Stable Borrowers’ Rating Profile June 30, 2018 March 31, 2019 June 30, 2019 4.2% 4.2% 3.3% 3.3% 2.1% 2.1% 9.3% 11.1% 10.4% 14.3% 16.1% 17.1% 31.4% 32.6% 33.8% 37.8% 38.3% 39.8% 50.1% 47.3% 45.8% 41.5% 39.3% 36.0% 5.7% 2.9% 5.9% 3.1% 7.0% 4.3% Internal Borrower Internal Facility Ratings Internal Borrower Internal Facility Internal Borrower Internal Facility Ratings Ratings Ratings Ratings Ratings AAA AA- & Above AAA AA- & Above AAA AA- & Above A- & Above BBB- & Above A- & Above BBB- & Above A- & Above BBB- & Above BB+ & Below BB+ & Below BB+ & Below Approx. 87% of our exposure is externally rated, of which 70%+ has consistently been in A- or higher category 2222 Diversified Industry Mix Top 10 industry* Outstanding Industry FB-NFB Split % of Exposure Loan Exposure 4,201 36:64 5.5% Construction 3,713 33:67 4.9% Engineering 3,628 99:1 4.8% NBFC (ex. HFC & DFI) 3,140 78:22 4.1% Retail/ Distribution 2,586 83:17 3.4% Pharma 2,434 91:9 3.2% Real Estate 2,306 66:34 3.0% Power 2,181 86:14 2.9% Professional Services Metals 2,000 40:60 2.6% Logistic Services 1,371 66:34 1.8% * As of June 30, 2019 based on actual outstanding Non Fund Based Book Particulars June 30, 2019 June 30, 2018 March 31, 2019 Guarantees 12,246 9,811 11,765 Letter of Credit, Acceptances, Endorsements and other Obligations 5,727 3,156 5,410 23 Asset Quality Continues to Remain Stable Gross NPA by business segment Quarter Ended Business segment June March June June March June 30,2019 31,2019 30,2018 30,2019 31,2019 30,2018 Movement of Gross NPAs C&IB 139.5 121.5 92.3 Opening Balance 755 696 567 % of total advances 0.24% 0.22% 0.22% (+) Additions during the 225 206 148 period CB 242.1 236.9 218.7 (-) Upgrade 8 8 0 (-) Recoveries 36 48 57 % of total advances 0.42% 0.43% 0.51% (-) Write Offs 147 91 61 Retail Assets 347.7 339.8 167.5 Closing Balance 789 755 596 Gross NPA (%) 1.38% 1.38% 1.40% % of total advances 0.61% 0.62% 0.39% Net NPA 372 373 316 Net NPA (%) 0.65% 0.69% 0.75% DB&FI 59.9 56.4 117.4 Provisioning Coverage 69.13% 65.30% 60.41% Ratio (PCR) (%) % of total advances 0.10% 0.10% 0.28% Slippage Ratio 0.41% 0.41% 0.37% Total 789.2 754.6 595.9 Restructured % 0.06% 0.04% 0.10% Net Stressed Assets% 0.71% 0.73% 0.85% Total (%) 1.38% 1.38% 1.40% There are Nil Security Receipts 24 Capital Adequacy - Well Capitalized to Support Growth Particulars June 30, 2019 June 30, 2018 March 31, 2019 Tier 1 Capital Funds* 7,443 6,728 7,210 Tier 2 Capital Funds 719 731 814 Total Capital Funds 8,162 7,459 8,024 Total RWA 65,740 51,211 59,607 Tier 1 CRAR* 11.3% 13.1% 12.1% Total CRAR* 12.4% 14.6% 13.5% RWA/Total Assets 78.2% 81.9% 74.2% * CRAR and Tier 1 Capital Funds for interim financial periods has been computed after adding interim profit for better comparison 25 Sustained Growth in Deposits, Led by CASA 43% yoy growth in CASA, while total deposits grew by 35% CASA : 24.4% CASA : 25.0% CASA : 25.8% CASA : 10,975 CASA : 14,587 CASA : 15,706 60,811 58,394 9.3% 10.9% 44,950 16.5% 14.1% 11.6% 12.9% 75.0% 74.2% 75.6% June 30, 2018 March 31, 2019 June 30, 2019 Term Deposits Savings Account Current Account 26 Diversified Borrowing Streams Borrowing Breakup 12,284 11,832 6% 6% 3% 9,261 8% 49% 40% 19% 6% 43% 51% 45% 24% June 30, 2018 March 31, 2019 June 30, 2019 Refinance FCY Inter-bank CBLO/LAF Tier II 27 Steady Investment Book Investment Breakup 16,639 16,840 14,241 6% 5% 2% 6% 15% 12% 14% 8% 11% 71% 77% 72% June 30, 2018 March 31, 2019 June 30, 2019 G-Sec Debentures & Bonds Money Market /Equities/MF Others Yield Yield Q1 FY20 Q1 FY19 Q4 FY19 FY19 Total Investments 7.6% 7.3% 7.5% 7.4% SLR 7.8% 7.4% 7.7% 7.5% Non SLR 8.6% 9.1% 9.4% 9.4% 28 NIM Improvement Helped by Lower Cost of Funds and Stable Yields Pre-IPO FY 11 FY 12 FY 13 FY 14 FY 15 FY 16 Yield on Advances 10.9% 12.6% 13.1% 12.9% 12.3% 11.7% Cost of Funds 5.8% 8.3% 9.6% 9.4% 8.4% 7.6% Cost of Deposits 5.8% 8.1% 8.9% 8.8% 8.3% 7.7% Post Listing Performance Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Yield on Advances 10.6% 10.6% 10.4% 10.5% 10.8% 10.9% 11.2% 11.8% 12.0% Cost of Funds 6.5% 6.4% 6.2% 6.2% 6.4% 6.4% 6.6% 6.8% 6.8% Cost of Deposits 6.7% 6.6% 6.4% 6.5% 6.6% 6.7% 6.8% 6.9% 7.0% 29 Our Growing, Multi-Layered Distribution Network Locations Customers (Mn.) Chandigarh 3 6.51 6.92 4.91 5.33 5.82 29 GIFT 2 city New Delhi 10 branch June 30, September December March 31, June 30, 11 2018 30, 2018 31, 2018 2019 2019 6 Channel Breakup 10 1 Channels Number of transaction points 26 13 June 30, 2019 March 31, 2019 June 30, 2018 13 Branches 332 324 266 2 2 Metro 148 140 93 1 19172 Urban 55 52 43 8 Daman Puducherry Semi-urban 75 77 76 & Diu 6 1 Rural 54 55 54 34 1 Branch, ATM, BC Banking Outlets (BOs) 228 226 199 Dadra & Nagar Haveli BC Branches (incl. BOs) 1,013 993 847 ATM 29 4 BC Of which RBL 458 452 348 8 Finserve Goa ATMs 376 341 369 Figures in circles refer to number of branches in given state/union territory 31 Diversified Shareholding & Strong/Improving Rating Profile Shareholding by category (%) Ratings Instrument Rating 1.5 0.5 Basel III compliant Tier II ICRA AA- hyb (Stable) 6.9 bonds CARE AA- (Stable) 27.4 18.8 Certificate of Deposits ICRA A1+ 21.8 23.1 Medium term fixed deposit ICRA MAA (Stable) programme Individual/HUFs Foreign Corporates VCF/MF/Pension Funds/Insurance FPI Body Coporates Short term fixed deposit ICRA A1+ NRIs programme Others Total Foreign holding – 41.9%. Approved limit – 74% 33 Recent Awards TransUnion CIBIL Awards BEST DATA QUALITY AWARD 2019 35 Microbanking Distribution Network State Name % of Portfolio Tamil Nadu 14% Bihar 14% Maharashtra 12% Karnataka 9% (25) Odisha 7% 6 (19) West Bengal 8% Rajasthan 6% 51 48 Madhya Pradesh (37) (32) 5% (73) (2) Gujarat 4% 74 30 79 16 Punjab 5% (42) (27) (59) 22 Jharkhand 3% 74 Haryana 3% 108 Assam (21) Micro Banking Presence 3% Chhattisgarh 2% Uttarakhand 1% 6 85 RBL Finserve Tripura 1% Other BCs Goa 1% Kerala 1% 84 16 Uttar Pradesh 1% Meghalaya 0.01% Grand Total 100% Figures in brackets refers to branches of RBL Finserve 37 Microbanking - Portfolio Growth Portfolio Mix As of June 30, 2019 In Rs. crores RBL Finserve & 54.3% Direct Other BCs 45.7% Loan Tenor 5,028 4,969 0.8% 3,560 2,161 1,483 39.5% Mar 31,2016 Mar 31,2017 Mar 31,2018 Mar 31,2019 June 30,2019 59.7% 2.55 Mn active loan accounts 12 Months 18 Months 24 Months 38 Microbanking - Through the door Mix Bureau Rejection Rate Borrowing Cycle with RBL Bank 20% 21% 21% 23% 26% 33% 29% 27% 28% 26% 80% 79% 79% 77% 74% Q1 FY19 Q2 FY19 Q3 Fy19 Q4 FY19 Q1FY20 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 First Cycle Repeat Cycle Bureau Hit Rate 82% 82% 78% 79% 76% Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1FY20 ^ Hit Rate= % of loan application with matching records with Credit Bureau 39 Credit Card Base Increasing Steadily Cards in Force ( In Mn) Card Additions ( In Mn) 2.02 0.39 1.71 0.34 0.31 1.43 0.26 1.19 0.97 0.18 0.20 0.21 0.80 0.62 Dec Mar Jun Sep Dec Mar Jun Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 31,2017 31,2018 30,2018 30,2018 31,2018 31,2019 30,2019 Advances Breakup (In Rs. Crore) Customer Metrics 6,653 Key Metrics June 2019 5,283 Retail Spend Per Card* Rs. 10,086 4,496 59% 3,613 Balance per Card* Rs. 34,082 59% 2,901 Fee Income (as % of revenue) 49% 2,244 63% 64% Geographical Concentration 1,759 63% : 37% 68% ( Top 8 Cities vs. Others) 71% 69% 41% 41% 37% 36% 29% 31% 32% * Does not include corporate card spends Dec Mar Jun Sep Dec Mar Jun 31,2017 31,2018 30,2018 30,2018 31,2018 31,2019 30,2019 Term Non-Term 41 Credit Cards - Sticky Customer Spends Total Spends (In Rs Crore) Consumer Loans 19.0 20.79 20.09 18.6 19.19 19.39 19.19 1,435 5,936 1,186 1,024 4,712 4,403 4,208 790 755 3,234 636 544 512 2,378 412 1,889 382 325 285 214 170 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 No.of Loans ('000) Loans Booked (Rs. Crore) Average Ticket Size (Rs. 000) Conversion Of Spends Into Consumer Loans Provides Stability to Portfolio 42 Board of Directors Mr. Vishwavir Ahuja Mr. Prakash Chandra Managing Director and CEO Non – Executive Part Time Chairman Previously, Managing Director & Country Executive Officer of Bank Previously, Chairman of Central Board of Direct Taxes of America for Indian Sub-continent (CBDT) Mr. Sivanandhan Dhanushkodi Mr. Rajeev Ahuja Independent Director Executive Director Currently, Part-Time Security Advisor to RBI Previously, associated with Citibank India, Bank of America, India Previously, Director General of Police, Maharashtra and Bankers Trust Company Mr. Ishan Raina Mr. Jairaj Purandare Independent Director Independent Director Previously, Founder of Out of Home (OOH) India, Associated with J. Previously, Regional Managing Partner of PWC Walter Thompson (JWT) and Lintas Advertising Mr. Palepu Sudhir Rao Mr. Vijay Mahajan Independent Director Non-Executive Director Currently, Associated with a Number of Corporates including Aditya Previously, Founder of Basix Social Enterprise Group Birla Money Ltd and Radhakrishna Foodland Pvt Ltd 44