RBL Bank

RBL Bank Limited (formerly known as Ratnakar Bank Limited) is a scheduled commercial
bank headquartered in the Kolhapur region of Maharashtra. Founded in August 1943, RBL is
one of the oldest private sector banks in India. The Bank currently services approximately
19,00,000 customers and has a total business size of over Rs. 45,000 Crores. It offers a range
of banking products and services categorized largely in 5 verticals - Corporate & Institutional
Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial
Markets. As of July 2015, ICRA has reaffirmed the rating of [ICRA] A1+ to the Rs 2,250
Crore (Enhanced from Rs. 1,500 Crore) Certificates of Deposits Programme of RBL Bank. It
has also reaffirmed the rating of [ICRA]MAA- with stable outlook on the Fixed Deposit
Programme and the rating of [ICRA] A1+ to the Short Term Fixed Deposits Programme of
the bank.
Type – Public
Traded as – BSE: 540065 NSE: RBLBANK
Industry – banking financial services
Founded – August 1943
Key people – Vishwavir Ahuja (MD and CEO)
Key Business - Corporate & Institutional Banking, Commercial Banking, Retail Banking,
Agri & Development Banking, Financial Markets.
Net income - ₹292 crore (US$45 million) (2016)
Number of employees - 4622 (as on October 2016)
Financial Performance - Over the last three years, RBL has infused capital of over Rs.
2,000 Cr, from leading domestic and global investors. In the year 2015-16, RBL registered a
profit of INR 292 Cr, up 40% & paid a dividend of 15%. As per the results declared in the
fiscal year 2014-15, RBL had a balance sheet growth of 49% and a 4-year CAGR of 70%.

Product and Services – Accounts, Fixed Deposits, Credit Cards, Loans, Insurance, Internet
Banking, Mobile Banking, Investment Services, Demat.

Initiatives - India's first credit card for Golf Enthusiasts in association with Indian Golf
Union, Shmart e-Wallet, India Startup Club, Saksham, Swadhaar FinAccess (SFA), Banking
Partner for Delhi Daredevils, Umeed 1000’ Cyclathon.

Recent Events - RBL Bank bought certain businesses of the Royal Bank of Scotland (RBS),
India in 2013. The deal included business such as Business Banking, and Credit Cards and
the mortgage portfolio, leading to 1.2 lakh customers of RBS, moving to RBL Bank.

Award and recognition - Awarded the MasterCard Innovation Awards – 2016 for the best
Debit Card innovation for the India Startup Club Debit Card. Awarded the Best Corporate
Payment Project at the Asian Banker Technology Innovation Awards 2016.