RBL Bank

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RBL Bank
Type Private Bank
Industry Banking
Financial services
Founded 1943
Key people
  • Vishwavir Ahuja, MD and CEO
Products Personal banking
Commercial Banking
Corporate & Institutional Banking
Employees 2798
Website rblbank.com

RBL Bank (The Ratnakar Bank Limited) is a scheduled commercial bank in India with a presence across 12 states. The bank was established and has grown to a 175 branches and 350 ATMs. It was rated “India’s Best Bank (Growth)” in the mid-sized banking segment by a Business Today-KPMG study in 2012 and 2013. Ratnakar Bank rebranded itself to RBL Bank in January 2014.[1][2][3][4]

The bank services more than 500,000 customers and has a total business of Rs21,000 crore. Over the last three years, it has infused over Rs1,500 crore into some notable global and domestic companies, taking its TIER 1 capital to Rs2,000 crore (approx).

Governance structure[edit]

Over the last three years, RBL Bank has achieved a diversified ownership structure and highly regarded industry professionals have been inducted in the board.In April 2014, CDC Group plc, the UK’s development finance institution, bought 4.8% equity stake at US $28 million in RBL Bank [5]

Sponsorships[edit]

RBL Bank is the official sponsors of the Delhi Daredevils cricket team.[6]

References[edit]

  1. ^ http://businesstoday.intoday.in/story/best-banks-in-india-2013-other-winners-banking-sector/1/200607.html
  2. ^ http://gallery.theasianbanker.com/photos/technology-implementation-awards-2013/?show=gallery
  3. ^ http://www.cdcgroup.com/Media/News/CDC-announces-US28m-investment-into-Ratnakar-Bank-/
  4. ^ http://timesofindia.indiatimes.com/business/india-business/RBL-Bank-partners-with-Delhi-Daredevils/articleshow/33864896.cms
  5. ^ http://www.cdcgroup.com/Media/News/CDC-announces-US28m-investment-into-Ratnakar-Bank-/
  6. ^ http://timesofindia.indiatimes.com/business/india-business/RBL-Bank-partners-with-Delhi-Daredevils/articleshow/33864896.cms