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RBL in talks to onboard 160 mn Zerodha clients

Financial Express Bengaluru

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October 25, 2025

RBL BANK IS in advanced discussions to open bank accounts for Zerodha’s 160 million broking clients — a move that could unlock up to ₹40,000 crore in sticky deposits and deliver more than 30% overnight boost to the bank’s deposit base — said sources close to the development.

- MAHESH NAYAK

“The potential inflow from Zerodha’s client pool represents a strategic leap in RBL’s retail franchise and CASA ratio,” a source said, indicating that talks between the two have been going on for some time.

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