Royal Bank of Canada
Royal Bank of Canada (TSX: RY) is trading at CA$285.07, about ₹19,395 at today's CAD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 0.20% today. Indian residents can buy Royal Bank of Canada from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$284.25
Today's high
CA$286.92
52 week low
CA$200.82
52 week high
CA$306.38
RY opened at CA$285.64, closed previously at CA$285.63, and has traded between CA$200.82 and CA$306.38 over the past 52 weeks.
About
Royal Bank of Canada functions as a globally diversified financial services powerhouse. Its Personal & Commercial Banking arm extends a wide array of offerings to individual clients and small to medium-sized businesses. For retail customers, these include various deposit accounts, home equity lines, personal and indirect loans (like vehicle financing), private banking, mutual funds, self-directed brokerage services, guaranteed investment certificates, credit cards, and payment solutions. For commercial entities, it provides lending, leasing, deposits, investment options, foreign exchange, cash management, auto dealer financing, and trade-related products and services. These are delivered through its network of branches, ATMs, and mobile sales force. The Wealth Management segment specializes in providing bespoke advice and strategic financial solutions to high-net-worth and ultra-high-net-worth individuals, alongside institutional clients. RBC's Insurance division offers guidance and products spanning life, health, home, auto, travel, wealth, annuities, and reinsurance. It also supplies commercial insurance services to individuals, businesses, and group clients. Distribution occurs through advice centers, dedicated insurance stores, mobile advisors, digital and social platforms, independent brokers, and travel partnerships. The Investor & Treasury Services department delivers essential functions such as asset servicing, custody, payments, and treasury management for financial and other investors. Furthermore, it manages fund and investment administration, shareholder services, private capital support, performance measurement and compliance monitoring, distribution, transaction banking, liquidity management, foreign exchange, and global securities financing. Through its Capital Markets division, the bank provides sophisticated corporate and investment banking services. This includes the origination, distribution, advisory, sales, and trading of equity and debt for corporations, institutional investors, asset managers, private equity firms, and government bodies. Founded in 1864, Royal Bank of Canada is headquartered in Toronto, Canada.
Key statistics
Avg. volume
3.09M
Market cap
CA$396.18B
P/E Ratio
17.93
Price-to-sales ratio
2.77
Enterprise value
CA$749.85B
Free cash flow yield
11.57%
Debt-to-equity ratio
2.88
Return on equity
16.11%
ROIC
0.91%
Beta
0.92
Dividend yield
2.31%
Last dividend
CA$6.58
Financial overview
Revenue
CA$137.36B
Earnings per share
CA$14.10
Free cash flow
CA$52.98B
Net profit margin
15.92%
Gross margin
48.53%
EBITDA
CA$28.73B
Revenue growth
153.84%
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 and then to CAD.
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. 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 CAD 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 2.31%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Royal Bank of Canada stock?
Yes. Royal Bank of Canada (RY) has been listed on the Toronto 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 and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Royal Bank of Canada share cost in rupees?
One Royal Bank of Canada share is CA$285.07 — about ₹19,395 at a CAD/INR rate of 68.04 on 27 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.
How are gains on Royal Bank of Canada shares taxed in India?
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 CAD/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 2.31%; the last declared dividend was CA$6.58 per share, about ₹447.67. 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 Toronto 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 Canada is on standard time. Orders can only execute during that window.
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 CAD 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.
Does the rupee rate affect what I make on Royal Bank of Canada?
Yes. Royal Bank of Canada is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.