RBL Bank sets AGM, proposes dividend, to consider capital raise

RBL Bank Limited will hold its 82nd Annual General Meeting (AGM) on Friday, September 26, 2025, at 11:30 a.m. IST via video conferencing. The bank's board has recommended a dividend of ₹1 per equity share of ₹10 face value for the financial year ended March 31, 2025. Eligible shareholders will receive this dividend on or before October 25, 2025, with the record date set for Tuesday, September 9, 2025.

Key resolutions at the AGM include the adoption of audited standalone and consolidated financial statements for FY 2024-25. The bank reported a net profit after tax of ₹695 crore for FY 2024-25, compared to ₹1,168 crore in FY 2023-24. Total deposits grew 7.2% to ₹1,10,944 crore, and advances increased 10.3% to ₹92,618 crore in FY 2024-25.

The AGM agenda also includes the re-appointment of Gopal Jain as a director and the appointment of M/s. Singhi & Co. as one of the joint statutory auditors. Additionally, shareholders will consider and approve raising funds through the issuance of equity shares via a Qualified Institutions Placement (QIP) for an amount up to ₹3,500 crore. Remote e-voting will commence on Sunday, September 21, 2025, at 10:00 a.m. IST and conclude on Thursday, September 25, 2025, at 5:00 p.m. IST.