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2020-2023: Regain in form
In August 2019, Simon Katich replaced Gary Kirsten as the head coach of the team, and Mike Hesson was appointed as the director of cricket operations. Ahead of the 2020 IPL auction, RCB released several players, including Colin de Grandhomme, Dale Steyn, Heinrich Klaasen, Nathan Coulter-Nile, Akshdeep Nath, Marcus Stoinis, Shimron Hetmyer, and Tim Southee. During the auction, RCB added Aaron Finch, Chris Morris, Joshua Philippe, Kane Richardson, Pavan Deshpande, Dale Steyn, Shahbaz Ahmed, and Isuru Udana to their squad. They also released a new logo ahead of the season. The 2020 IPL season was postponed and eventually held in the UAE due to the COVID-19 pandemic. RCB qualified for the playoffs for the first time since 2016, finishing fourth on the points table with 14 points. They faced Sunrisers Hyderabad in the Eliminator but lost by six wickets. Devdutt Padikkal was the team's leading run-scorer with 473 runs, followed by Virat Kohli with 466 runs and AB de Villiers with 454 runs. Yuzvendra Chahal was the highest wicket-taker, taking 21 wickets, followed by Chris Morris and Mohammad Siraj, who each took 11 wickets.

During the 2021 IPL auction, RCB acquired Glenn Maxwell, Mohammed Azharuddeen, Sachin Baby, Kyle Jamieson, Srikar Bharat, Rajat Patidar, Dan Christian, and Suyash Prabhudessai. The season was suspended midway due to a sudden rise in COVID-19 cases among players and resumed in September in the UAE. Before the season's resumption, the team's head coach, Simon Katich, resigned, and Mike Hesson took over as head coach. RCB qualified for the playoffs by finishing fourth in the points table but failed to lift the trophy once again, losing to Kolkata Knight Riders in the Eliminator. Harshal Patel finished the season with 32 wickets, equalling Dwayne Bravo's record for the highest number of wickets taken in a season and winning the Purple Cap. Glenn Maxwell was the highest run-scorer for the team with 513 runs, the fifth highest in the season. Virat Kohli became the first-ever batsman to score 6,000 runs in the IPL during this season. This season marked AB de Villiers's last in the IPL, as he announced his retirement in November 2021.

The 2022 season saw some major changes in the team as before the start of the season star batter AB de Villiers announced his retirement in November 2021 and RCB announced a new captain, Faf du Plessis, after former captain Virat Kohli announced his retirement from captaincy following the second leg of 2021 IPL season. They also appointed Sanjay Bangar as the new head coach.

Ahead of the IPL Mega Auction, RCB retained Virat Kohli, Glenn Maxwell and Mohammad Siraj. During the auction they bought Shahbaz Ahmed, Wanindu Hasaranga, Harshal Patel, Finn Allen, Faf du Plessis, Mahipal Lomror, David Willey, Sherfane Rutherford, Suyash Prabhudessai, Aneeshwar Gautam, Dinesh Karthik, Anuj Rawat, Siddarth Kaul, Akash Deep, Luvnith Sisodia, Karn Sharma, Josh Hazlewood, Jason Behrendorff, Chama Milind.

The season saw the addition of two new teams making it a 10 team season. RCB finally managed to go past eliminator mark after consecutively losing in the previous two seasons, yet they failed to win the title after they lost to Rajasthan Royals in the Qualifier 2. The new captain Faf du Plessis ended the season with 468 runs, the highest for the team. The 2022 season was not a fruitful one for Virat Kohli, as he scored only 341 runs at an average of 22.73. Wanindu Hasaranga was the team's highest wicket taker with 26 wickets.

Ahead of the 2023 season RCB bought Reece Topley, Will Jacks, Rajan Kumar, Avinash Singh, Sonu Yadav, Himanshu Sharma, Manoj Bhadange in the auction.