Royal Bank of Canada
Royal Bank of Canada (NYSE: RY) is trading at $199.80, about ₹19,193 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.57% today. Indian residents can buy Royal Bank of Canada from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$198.99
Today's high
$200.78
52 week low
$143.13
52 week high
$218.57
RY opened at $200.41, closed previously at $200.95, and has traded between $143.13 and $218.57 over the past 52 weeks.
About
Royal Bank of Canada (RBC), established in 1864 and headquartered in Toronto, Canada, operates as a comprehensive global financial institution. Its Personal & Commercial Banking division caters to individual clients by providing essential services like checking and savings accounts, various lending options (including mortgages, personal loans, and auto financing), private banking, investment vehicles such as mutual funds and guaranteed investment certificates (GICs), along with credit cards and payment solutions. For small and medium-sized commercial enterprises, this segment delivers a suite of services including financing, leasing, deposit management, foreign exchange, cash management, auto dealer financing, and trade solutions. These offerings are readily accessible through its extensive network of branches, ATMs, and mobile platforms. The Wealth Management segment specializes in delivering bespoke, advice-driven strategies and solutions to affluent and ultra-affluent individuals, as well as institutional investors. Through its Insurance arm, RBC offers a broad spectrum of protection and advisory services. These encompass life, health, home, auto, travel, wealth, annuities, and reinsurance, alongside comprehensive business insurance options. Clients, whether individuals, businesses, or groups, can access these services via advice centers, dedicated RBC insurance stores, mobile advisors, diverse digital and social platforms, independent brokers, and travel alliances. The Investor & Treasury Services division supports financial institutions and other investors with critical asset servicing, custody, payment processing, and treasury functions. It further extends its expertise to include fund and investment administration, shareholder services, private capital solutions, performance measurement, compliance oversight, distribution support, transaction banking, robust cash and liquidity management, foreign exchange capabilities, and global securities financing. Finally, the Capital Markets segment provides extensive corporate and investment banking solutions. This includes the origination and distribution of equity and debt instruments, strategic advisory services, and comprehensive sales and trading capabilities. Its clientele spans corporations, institutional investors, asset managers, private equity firms, and governmental entities.
Key statistics
Avg. volume
1.41M
Market cap
$277.68B
P/E Ratio
17.82
Price-to-sales ratio
2.76
Enterprise value
CA$1.04T
Free cash flow yield
18.35%
Debt-to-equity ratio
2.88
Return on equity
14.64%
ROIC
1.63%
Beta
0.92
Dividend yield
2.32%
Last dividend
$4.74
Financial overview
Revenue
CA$137.36B
Earnings per share
CA$14.12
Free cash flow
CA$52.98B
Net profit margin
15.92%
Gross margin
48.53%
EBITDA
CA$28.73B
Revenue growth
2.13%
Similar securities
This is not an investment recommendation
How to buy Royal Bank of Canada from India
Indian residents can buy Royal Bank of Canada shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Royal Bank of Canada and place an order
Find Royal Bank of Canada by name or by its ticker, RY, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Royal Bank of Canada trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Royal Bank of Canada position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Royal Bank of Canada from India
Trading and taxes when buying Royal Bank of Canada from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Royal Bank of Canada’s current yield is 2.32%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Royal Bank of Canada stock?
Yes. Royal Bank of Canada (RY) has been listed on the New York Stock Exchange since 1995, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Royal Bank of Canada share cost in rupees?
One Royal Bank of Canada share is $199.80 — about ₹19,193 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Royal Bank of Canada price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Royal Bank of Canada from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Royal Bank of Canada with less than the price of one share?
Yes. A whole Royal Bank of Canada share is $199.80, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Royal Bank of Canada shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Royal Bank of Canada price. Paasa issues a capital-gains statement for your return.
Does Royal Bank of Canada pay a dividend, and how is it taxed in India?
Yes. Royal Bank of Canada pays a dividend and the current yield is 2.32%; the last declared dividend was $4.74 per share, about ₹455.78. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Royal Bank of Canada from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is Royal Bank of Canada a United States company, and does that change how it is taxed?
Royal Bank of Canada trades on the New York Stock Exchange in US dollars, but the company is domiciled in Canada. Royal Bank of Canada trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Royal Bank of Canada shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Royal Bank of Canada holding, its cost and its closing value.
How do I sell Royal Bank of Canada and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.