BSECompany Update2d ago · 28 Aug 2026, 02:34 pm
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
RBL Bank Ltd · 540065
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RBL Bank Ltd has received a show cause notice from Assistant Commissioner of State Tax-Mumbai for a GST demand of Rs. 103,76,98,197/- including interest and penalty, for the financial year 2020-21. The bank believes it has adequate grounds to contest the matter and does not expect a material adverse impact on its operations or financial position.
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RBL Bank Ltd - 540065 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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August 28, 2026
BSE Limited National Stock Exchange of India Limited,
1st Floor, Phiroze Jeejeebhoy Towers, 'Exchange Plaza', C-1 Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E)
Mumbai – 400001 Mumbai – 400051
Scrip Code: 540065 Scrip Symbol: RBLBANK
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 as amended (“SEBI Listing Regulations”)
Dear Sir/Madam,
Pursuant to the provisions of SEBI Listing Regulations, we wish to inform you that RBL Bank Limited
(“the Bank”) has received a show cause notice (SCN) dated August 27, 2026, under Section 74 of
Maharashtra Goods and Services Tax Act, 2017 from Assistant Commissioner of State Tax-Mumbai.
The notice proposes a GST demand of Rs. 103,76,98,197/- including interest and penalty, for the
financial year 2020-21, in relation to input tax credit availed by the Bank under the separate GST
registration obtained for its Digital Banking business vertical.
The Bank will submit response to the show cause notice within the prescribed timelines. Based on
its assessment including favorable orders received from the GST authorities on identical issue for FY
2018-19 and FY 2019-20, the Bank believes that it has adequate grounds to contest the matter on merits.
Accordingly, the Bank does not, at this stage, reasonably expect the matter to have any material adverse
impact on its operations or financial position.
Further, in compliance with the Regulation 46(2) of SEBI Listing Regulations, the information is being
hosted on the Bank’s Website at www.rbl.bank.in
Kindly take the same on record.
Thanking you.
Yours faithfully,
For RBL Bank Limited
Jaideep Iyer
Executive Director
www.rbl.bank.in
RBL Bank Limited
Controlling Office: One World Center, Tower 2B, 6th Floor, 841 Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, Maharashtra, India I Tel:+91 22 43020600
Registered Office: 1st Lane, Shahupuri, Kolhapur - 416001, India I Tel.: +91 231 6650214
CIN: L65191PN1943PLC007308 . E-mail: customercare@rbl.bank.in