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{{Short description|Indian bank}}
{{Short description|Indian bank}}
{{Use dmy dates|date=October 2015}}
{{Use dmy dates|date=May 2023}}
{{Use Indian English|date=October 2015}}
{{Use Indian English|date=January 2023}}
{{Infobox company
{{Infobox company
| name = RBL Bank
| name = RBL Bank
| logo = RBL Bank SVG Logo.svg
| logo = RBL Bank SVG Logo.svg
| type = [[Public]]
| logo_size = 250px
| image = RBL Bank.jpg
| image_size = 250px
| image_caption = An RBL Bank branch in [[Pune, Maharashtra]]
| type = [[Public company|Public]]
| traded_as = {{BSE|540065}}<br />{{NSE|RBLBANK}}
| traded_as = {{BSE|540065}}<br />{{NSE|RBLBANK}}
| founded = 1943
| industry = Banking, Financial Services
| products = [[Retail banking|Consumer banking]], [[Commercial bank|Corporate banking]], [[Financial services|Finance and Insurance]]
| founded = {{Start date and age|1943|08|df=yes}}
| revenue = {{INR convert|12000|M}} (2019)<ref name=BalSheet>{{cite web|url=https://economictimes.indiatimes.com/rbl-bank-ltd/yearly/companyid-7750.cms|title=RBL Bank Yearly Results|website=The Economic Times|access-date=2019-07-17}}</ref>
| products = [[Retail banking|Consumer banking]], [[Commercial bank|corporate banking]] [[Financial services|finance and Insurance]], [[credit cards]]
| operating_income = {{INR convert|1939.83|c}} (2019)<ref name="BalSheet"/>
| revenue = {{up}} {{INR convert|17845|c}} (2025) <ref>{{cite web
| net_income = {{INR convert|866.95|c}} (2019)<ref name="BalSheet"/>
| url = https://www.financialexpress.com/business/banking-finance-rbl-bank-q4-profit-tanks-81pc-to-rs-69-cr-as-provisions-spike-3822518
| assets = {{INR convert|80359|c}} (2019)<ref name=BalSheet2>{{cite web|url=https://ir.rblbank.com/pdfs/financial-highlights/CombinedResultQ4FY19.pdf|title=Combined Result Q4 FY19|website=RBL Bank|access-date=2019-07-17}}</ref>
| title = RBL Bank Q4 Results: Profit tanks 81 percent to Rs 69 crore as provisions spike
| date = 25 April 2025
| website = financialexpress.com
| publisher = Financial Express
| access-date = 25 April 2025}}</ref>
| operating_income = {{up}} {{INR convert|3627|c}} (2025) <ref>{{cite web
| url = https://www.livemint.com/market/stock-market-news/rbl-bank-q4-results-net-profit-drops-80-5-yoy-to-rs-68-7-crore-nii-down-2-3-at-rs-1563-crore-11745577729307.html
| title = RBL Bank Q4 Results: Net profit drops 80.5% YoY to ₹69 crore; NII down 2.3% at ₹1563 crore
| date = 25 April 2025
| website = livemint.com
| publisher = Live Mint
| access-date = 25 April 2025}}</ref>
| net_income = {{up}} {{INR convert|10269|c}} (2025) <ref>{{cite web
| url = https://www.livemint.com/market/stock-market-news/rbl-bank-q4-results-net-profit-drops-80-5-yoy-to-rs-68-7-crore-nii-down-2-3-at-rs-1563-crore-11745577729307.html
| title = RBL Bank Q4 Results: Net profit drops 80.5% YoY to ₹69 crore; NII down 2.3% at ₹1563 crore
| date = 25 April 2025
| website = livemint.com
| publisher = Live Mint
| access-date = 25 April 2025}}</ref>
| assets = {{up}} {{INR convert|146725.48|c}} (2025) <ref>{{cite web
| url = https://www.moneycontrol.com/financials/rblbank/balance-sheetVI/rb03
| title = RBL Bank Ltd. Balance Sheet March 2025
| website = moneycontrol.com
| publisher = Money Control}}</ref>
| equity =  
| equity =  
| num_employees = 5,843 (2019)
| num_employees = 14,265 (2025)
| ratio =  
| ratio =  
| location = [[Mumbai]], [[Maharashtra]], India
| location = [[Mumbai]], [[Maharashtra]], India
| key_people = Mr. R Subramaniakumar <br />{{small|(MD & CEO)}}
| key_people = [[R Subramaniakumar]] ([[Managing director|MD]] & [[Chief executive officer|CEO]])
| homepage = {{url|https://www.rblbank.com/}}
| homepage = {{URL|https://www.rbl.bank.in/}}
}}
}}


'''RBL Bank''', formerly known as '''Ratnakar Bank''', is an [[Private sector banks in India|Indian private sector bank]] headquartered in [[Mumbai]] and founded in 1943.<ref>{{cite web|title=Office of RBL Bank|url=https://www.rblbank.com/contact-us}}</ref> It offers services across six verticals: corporate and institutional banking, [[commercial bank]]ing, branch and business banking, retail assets, development banking and [[financial inclusion]], treasury and financial market operations.<ref name="rblbank.com">https://www.rblbank.com/about-us {{Bare URL inline|date=April 2022}}</ref><ref>{{cite web|title=RBL Bank files DRHP to raise up to $173M in IPO|url=http://www.vccircle.com/news/banking/2015/06/26/pe-backed-rbl-bank-files-drhp-raise-173m-ipo-beacon-exit|publisher=VC Circle|access-date=11 April 2016|date=26 June 2015}}</ref>
'''RBL Bank''', formerly known as '''Ratnakar Bank Limited''', is an [[Private sector banks in India|Indian private sector bank]] founded in 1943 and headquartered in [[Mumbai]].<ref name="rblbank.com">{{Cite web|url=https://www.rblbank.com/about-us|title=About Us|website=www.rblbank.com|accessdate=24 May 2023|archive-url=https://web.archive.org/web/20220506134700/https://www.rblbank.com/about-us|archive-date=6 May 2022|url-status=dead}}</ref> It offers services across five verticals: corporate banking, commercial banking, branch banking and retail liabilities, retail assets, and treasury and financial markets operations.<ref name="rblbank.com"/><ref>{{cite web|title=RBL Bank toIPO|url=http://www.bankingservices/news/banking/2023/01/01/pe-backed-rbl-bank-files-exit|publisher=Banking Services|access-date=1 Jan 2023|date=1 Jan 2023}}{{Dead link|date=July 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>


== History ==
== History ==
In August 6, 1943, Ratnakar Bank was founded as a regional bank in [[Maharashtra]] with two branches in [[Kolhapur]] and [[Sangli]] founded by Babgonda Bhujgonda Patil from Sangli & Gangappa Siddappa Chougule from Kolhapur. It mainly served [[Small and medium-sized enterprises|small and medium enterprises]] (SMEs) and business merchants in the Kolhapur-Sangli belt. It was incorporated in Kolhapur district on 14 June 1943 as Ratnakar Bank Limited.<ref>{{Cite news|url=https://economictimes.indiatimes.com/articleshow/6129247.cms|title=Ratnakar Bank gets new-look board|last=M|first=Sabarinath|date=2010-07-05|work=The Economic Times|access-date=2019-09-21}}</ref><ref name="ET History">{{Cite news |url= https://economictimes.indiatimes.com/rbl-bank-ltd/infocompanyhistory/companyid-7750.cms|title= Company History - RBL Bank Ltd.|access-date= February 15, 2019|website=economictimes.indiatimes.com |publisher=[[The Economic Times]]}}</ref> In 1959, the bank was categorized as a [[Scheduled Banks (India)|scheduled commercial bank]] as per the [[Reserve Bank of India Act, 1934]]. During this decade, it was referred to as an NH4 Bank. In 1970, it received a banking license from the [[Reserve Bank of India]] (RBI).<ref>{{Cite news |url= https://www.business-standard.com/article/finance/ratnakar-bank-from-nh4-to-nh8-112112300028_1.html|title= Ratnakar Bank: From NH4 to NH8|first= Somasroy|last= Chakraborty|date=  January 20, 2013|access-date= February 15, 2019|website=business-standard.com |publisher=[[Business Standard]]}}</ref>
On 6 August 1943, Ratnakar Bank was founded as a regional bank in [[Maharashtra]] with two branches in [[Kolhapur]] and [[Sangli]] by Babgonda Bhujgonda Patil from Sangli and Gangappa Siddappa Chougule from Kolhapur. It mainly served [[Small and medium-sized enterprises|small and medium enterprises]] (SMEs) and business merchants in the Kolhapur-Sangli belt. The bank was incorporated in [[Kolhapur district]] on 14 June 1943 as Ratnakar Bank Limited.<ref>{{Cite news|url=https://economictimes.indiatimes.com/articleshow/6129247.cms|title=Ratnakar Bank gets new-look board|last=M|first=Sabarinath|date=2010-07-05|work=The Economic Times|access-date=2019-09-21}}</ref><ref name="ET History">{{Cite news |url= https://economictimes.indiatimes.com/rbl-bank-ltd/infocompanyhistory/companyid-7750.cms|title= Company History - RBL Bank Ltd.|access-date= February 15, 2019|website=economictimes.indiatimes.com |publisher=[[The Economic Times]]}}</ref> In 1959, the bank was categorized as a [[Scheduled Banks (India)|scheduled commercial bank]] as per the [[Reserve Bank of India Act, 1934]]. During this decade, it was referred to as an NH4 Bank. In 1970, it received a banking license from the [[Reserve Bank of India]] (RBI).<ref>{{Cite news |url= https://www.business-standard.com/article/finance/ratnakar-bank-from-nh4-to-nh8-112112300028_1.html|title= Ratnakar Bank: From NH4 to NH8|first= Somasroy|last= Chakraborty|date=  January 20, 2013|access-date= February 15, 2019|website=business-standard.com |publisher=[[Business Standard]]}}</ref>
 
In July 2010, Vishwavir Ahuja became managing director and [[Chief executive officer]] of the bank.{{cn|date=October 2025}}
 
In 2013, Ratnakar Bank acquired [[Royal Bank of Scotland]]'s business banking, mortgage, and credit cards business divisions in India.<ref>{{cite news |title=Ratnakar Bank to buy 3 business units of RBS |url=https://www.thehindubusinessline.com/money-and-banking/ratnakar-bank-to-buy-3-business-units-of-rbs/article64211841.ece |access-date=25 October 2025 |work=BusinessLine |date=9 August 2013 |language=en}}</ref>
 
In August 2014, the name of the bank was changed to RBL Bank Limited.<ref name="ET History"/>
 
On 12 June 2022, [[R Subramaniakumar]] was appointed as the Managing Director and CEO of the bank.<ref>{{cite web |title=Who is R Subramaniakumar, the new MD & CEO of RBL Bank? |url=https://www.moneycontrol.com/news/business/banks/who-is-r-subramaniakumar-the-new-md-ceo-of-rbl-bank-8673511.html |website=Moneycontrol}}</ref> RBL Bank announced integration of [[Unified Payments Interface|UPI]] and [[National Common Mobility Card]] capabilities with [[RuPay]] credit cards on 1 August 2024.<ref>{{Cite web |last=Mishra |first=Ayush |date=1 August 2024 |title=RBL Bank launches RuPay credit cards with UPI and NCMC functionalities |url=https://www.business-standard.com/finance/personal-finance/rbl-bank-launches-rupay-credit-cards-with-upi-and-ncmc-functionalities-124080100990_1.html |access-date=4 August 2024 |website=Business Standard}}</ref>


In July 2010, Vishwavir Ahuja became managing director and CEO of the bank. In August 2014 the name of the bank was changed to RBL Bank Limited.<ref name="ET History"/>
On 18 October 2025, [[United Arab Emirates|UAE]]-based bank [[Emirates NBD]] announced that it will acquire a 60% stake in RBL Bank for {{currency|26850|INR}} crore ({{USD|3.05}} billion) through a preferential issue of shares.<ref>[https://www.reuters.com/sustainability/boards-policy-regulation/dubais-emirates-nbd-buy-60-stake-indias-rbl-bank-3-billion-2025-10-18/]</ref>


==Operations==
==Operations==
As of December 2019, it has a network of 372 branches and 394 [[automatic teller machine|ATMs]] across 28 states and union territories.<ref name="rblbank.com"/><ref>{{Cite news|url=http://www.livemint.com/Industry/BiT9QQn2qhJZ7f428aTewJ/RBL-Bank-now-among-Indias-10-most-valuable-banks.html|title=RBL Bank now among India's 10 most valuable banks|last=Sonavane|first=Ravindra N.|date=2017-04-10|website=www.livemint.com|access-date=2017-06-27}}</ref><ref>{{cite news|url=https://www.livemint.com/industry/energy/rbl-bank-plans-to-raise-150-mn-debt-from-ifc-1562785149431.html|title=RBL Bank plans to raise $150 mn debt from IFC|last=Saxena|first=Ridhima|date=2019-07-11|website=[[Livemint]]}}</ref> It has 5,843 employees.<ref name="BalSheet2"/>
As of March 2025, it had a network of 562 branches<ref name=":0">{{Cite web |title=RBL Annual Report FY 2024-25, Page 77 |url=https://nsearchives.nseindia.com/annual_reports/AR_27955_RBLBANK_2024_2025_A_14300733_30082025161607.pdf |website=NSE India}}</ref> and 412<ref>{{Cite web|date=2025-07-18 |title=RBL Bank Q1 Results On July 19 — Check Key Details Here |url=https://www.ndtvprofit.com/quarterly-earnings/rbl-bank-q1-results-on-july-19-check-key-details-here |access-date=2025-11-19 |website=NDTV Profit |language=en}}</ref> [[Automatic teller machine|ATMs]] across 28 states and union territories. It has 14,265 employees.<ref name=":0" /> The bank also has a network of 1,272 business correspondent branches, of which 952 are managed by RBL Finserve Limited, a wholly owned subsidiary of the bank.<ref name="ET">{{cite web |date=27 April 2024 |title=RBL Bank Q4 results: Standalone PAT jumps 30% YoY to Rs 353 crore |url=https://economictimes.indiatimes.com/markets/stocks/earnings/rbl-bank-q4-results-standalone-pat-jumps-30-yoy-to-rs-353-crore/articleshow/109643607.cms |website=The Economic Times}}</ref>


In 2016, the bank ran a financial literacy programme called Saksham in collaboration with [[CDC Group|CDC]] to provide education to 25,000 individuals and 300 villages in four districts of Madhya Pradesh.<ref>{{cite web|title=RBL Saksham in Madhya Pradesh|url=http://www.telegraphindia.com/external/display.jsp?mode=details&id=43022|publisher=Telegraph India|access-date=11 April 2016}}</ref> Another Saksham programme was run in Ahmedabad in 2013.<ref>{{cite web|title=Saksham in Ahmedabad |url=http://timesofindia.indiatimes.com/business/india-business/Ratnakar-Bank-launches-financial-literacy-programme-in-Ahmedabad/articleshow/26916420.cms |publisher= Times Of India|access-date=11 April 2016}}</ref>
In 2016, the bank ran a financial literacy programme called Saksham in collaboration with the [[CDC Group|CDC]] to provide education to 25,000 individuals and 300 villages in four districts of Madhya Pradesh.<ref>{{cite web |title=RBL Saksham in Madhya Pradesh |url=https://www.telegraphindia.com/?mode=details&id=43022 |access-date=11 April 2016 |publisher=Telegraph India}}</ref> Another Saksham programme was run in Ahmedabad in 2013.<ref>{{cite news |date=5 December 2013 |title=Saksham in Ahmedabad |newspaper=Times Of India |url=http://timesofindia.indiatimes.com/business/india-business/Ratnakar-Bank-launches-financial-literacy-programme-in-Ahmedabad/articleshow/26916420.cms |access-date=11 April 2016}}</ref>


In 2018, RBL Bank partnered with MoneyTap to launch India's first personal credit line based app.<ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/moneytap-rbl-bank-to-offer-line-of-credit-to-small-units/articleshow/58801319.cms|title=Moneytap, RBL Bank to offer line-of-credit to small units|last=Bhakta|first=Pratik|date=2017-05-23|work=The Economic Times|access-date=2018-11-07}}</ref> The same year in June, the company announced that it had raised its stake in microlender Swadhaar FinServe to 100 per cent.<ref>{{Cite web | url=https://www.thehindubusinessline.com/money-and-banking/rbl-bank-buys-100-stake-in-swadhaar-finserve/article24281525.ece |title = RBL Bank buys 100% stake in Swadhaar FinServe| date=28 June 2018 }}</ref>
In 2018, RBL Bank partnered with MoneyTap to launch India's first personal credit line-based app.<ref>{{Cite news |last=Bhakta |first=Pratik |date=2017-05-23 |title=Moneytap, RBL Bank to offer line-of-credit to small units |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/stocks/news/moneytap-rbl-bank-to-offer-line-of-credit-to-small-units/articleshow/58801319.cms |access-date=2018-11-07}}</ref> In June of the same year, the company announced that it had raised its stake in microlender Swadhaar FinServe to 100 per cent.<ref>{{Cite web |date=28 June 2018 |title=RBL Bank buys 100% stake in Swadhaar FinServe |url=https://www.thehindubusinessline.com/money-and-banking/rbl-bank-buys-100-stake-in-swadhaar-finserve/article24281525.ece}}</ref>


===Funding===
===Funding===
RBL Bank has raised funding from investors such as CDC Group, Multiples Alternate Asset Management, Asian Development Bank, and PremjiInvest among others.<ref>{{Cite web | url=https://www.vccircle.com/rbl-bank-to-raise-260-mn-from-multiples-pe-cdc-and-others |title = RBL Bank to raise $260 mn from Multiples PE, CDC and others|date = 7 July 2017}}</ref>
The bank has raised Rs. 8,600 crore of equity capital and Rs. 1500 crore of Basel III-compliant Tier II debt from 2010 to date.{{when|date=December 2024}} The bank counts Barings Private Equity Asia, British International Investment (formerly CDC Group), Multiples Alternate Asset Management, the Asian Development Bank, HDFC Ltd., ICICI Prudential Life Insurance, and Gaja Capital, among others, as its shareholders.<ref>{{Cite web |date=7 July 2017 |title=RBL Bank to raise $260 mn from Multiples PE, CDC and others |url=https://www.vccircle.com/rbl-bank-to-raise-260-mn-from-multiples-pe-cdc-and-others}}</ref>
 
Throughout the 2010s, RBL Bank reportedly raised a total of INR 4,000 crore from investors. It raised INR 700 crore in 2011, INR 376 crore in 2013, INR 328 crore in 2014 and INR 488 crore in 2016.<ref>{{cite news|title=RBL raises capital|url=http://www.business-standard.com/article/finance/rbl-bank-raises-rs-328-cr-from-global-investors-114041000524_1.html|publisher=Business Standard|access-date=20 Sep 2017|newspaper=Business Standard India|date=10 April 2014}}</ref> In July 2017, RBL Bank received board approval to raise an additional INR 1680 crore.<ref>{{cite news|title=RBL Board Approval to raise 1680 Crore|url=http://www.business-standard.com/article/companies/rbl-bank-to-raise-rs-1-680-cr-from-institutional-investors-117070800046_1.html|publisher=Business Standard|access-date=20 Sep 2017|newspaper=Business Standard India|date=8 July 2017|last1=Hetavkar|first1=Nikhat}}</ref>


In December 2019, the company announced that it had raised INR 675 crore through preferential issue. Investors such as East Bridge Capital Master Fund and WF Asian Reconnaissance Fund participated.<ref>{{cite web |last1=Saxena |first1=Ridhima |title=RBL Bank raises ₹675 crore via preferential issue |url=https://www.livemint.com/companies/news/rbl-bank-raises-rs-675-crore-via-preferential-issue-11577791247092.html |date=31 December 2019}}</ref><ref>{{cite web|title=RBL Bank to raise Rs 825.79 crore through private placement of shares|url=https://www.moneycontrol.com/news/business/rbl-bank-to-raise-rs-825-79-crore-through-private-placement-of-shares-4688741.html|publisher=Money Control|access-date=1 December 2019}}</ref>
Throughout the 2010s, RBL Bank reportedly raised a total of INR 4,000 crore from investors. It raised INR 700 crore in 2011, INR 376 crore in 2013, INR 328 crore in 2014 and INR 488 crore in 2016.<ref>{{cite news |date=10 April 2014 |title=RBL raises capital |newspaper=Business Standard India |publisher=Business Standard |url=http://www.business-standard.com/article/finance/rbl-bank-raises-rs-328-cr-from-global-investors-114041000524_1.html |access-date=20 Sep 2017}}</ref> In July 2017, RBL Bank received board approval to raise an additional INR 1680 crore.<ref>{{cite news |last1=Hetavkar |first1=Nikhat |date=8 July 2017 |title=RBL Board Approval to raise 1680 Crore |newspaper=Business Standard India |publisher=Business Standard |url=http://www.business-standard.com/article/companies/rbl-bank-to-raise-rs-1-680-cr-from-institutional-investors-117070800046_1.html |access-date=20 Sep 2017}}</ref>


In August 2020, the company announced that it has raised INR 1566 crore through preferential issue. It was led by [[Baring Private Equity Asia]] where as other investors included ICICI Prudential Life, CDC Group and local private equity company Gaja Capital.<ref>{{cite news |last1=Rebello |first1=Joel |title=Investors led by Baring PE put Rs 1566 crore into RBL Bank |url=https://economictimes.indiatimes.com/markets/stocks/news/investors-led-by-baring-pe-put-rs-1566-crore-into-rbl-bank/articleshow/77656774.cms |work=The Economic Times}}</ref><ref>{{cite news |last1=Dhanjal |first1=Swaraj Singh |title=Baring PE, others to invest ₹1,566 crore in RBL Bank |url=https://www.livemint.com/market/stock-market-news/baring-pe-others-to-invest-1-566-crore-in-rbl-bank-11597971135171.html |work=Livemint |date=21 August 2020 |language=en}}</ref>
In December 2019, the company announced that it had raised INR 675 crore through a preferential issue. Investors such as East Bridge Capital Master Fund and WF Asian Reconnaissance Fund participated.<ref>{{cite web |last1=Saxena |first1=Ridhima |date=31 December 2019 |title=RBL Bank raises ₹675 crore via preferential issue |work=mint |url=https://www.livemint.com/companies/news/rbl-bank-raises-rs-675-crore-via-preferential-issue-11577791247092.html}}</ref><ref>{{cite web |date=30 November 2019 |title=RBL Bank to raise Rs 825.79 crore through private placement of shares |url=https://www.moneycontrol.com/news/business/rbl-bank-to-raise-rs-825-79-crore-through-private-placement-of-shares-4688741.html |access-date=1 December 2019 |publisher=Money Control}}</ref>


=== Management rejig ===
In August 2020, the company announced that it had raised INR 1,566 crore through a preferential issue. It was led by [[Baring Private Equity Asia]], while other investors included ICICI Prudential Life, CDC Group and local private equity company Gaja Capital.<ref>{{cite news |last1=Rebello |first1=Joel |title=Investors led by Baring PE put Rs 1566 crore into RBL Bank |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/stocks/news/investors-led-by-baring-pe-put-rs-1566-crore-into-rbl-bank/articleshow/77656774.cms}}</ref><ref>{{cite news |last1=Dhanjal |first1=Swaraj Singh |date=21 August 2020 |title=Baring PE, others to invest ₹1,566 crore in RBL Bank |language=en |work=Livemint |url=https://www.livemint.com/market/stock-market-news/baring-pe-others-to-invest-1-566-crore-in-rbl-bank-11597971135171.html}}</ref>
In December 2021, an announcement from RBL bank informed the markets about the medical leave of MD and CEO, Mr Vishwavir Ahuja replacing him with Mr Rajeev Ahuja as the interim MD and CEO.<ref>{{Cite web|title=Hold RBL Bank; Target Of Rs 165: Emkay Global Financial|url=https://www.moneycontrol.com/news/business/stocks/hold-rbl-bank-target-of-rs-165-emkay-global-financial-7871541.html|access-date=2021-12-28|website=Moneycontrol|language=en}}</ref> At the same time RBI nominated Mr Yogesh Dayal as its director to the RBL bank board for 2 years. Amid fears of this sudden action, the stock price crashed and brokerages re-evaluated their ratings for the bank.<ref>{{Cite news|title=RBL Bank Tumbles After India Appoints Director to Board|url=https://www.bloomberg.com/news/articles/2021-12-27/rbl-bank-tumbles-10-as-india-appoints-director-to-its-board|access-date=2021-12-28|newspaper=Bloomberg.com|date=27 December 2021}}</ref>
 
==Awards and recognition==
*Best Bank for [[Microfinance]] - Asiamoney Best Bank Awards 2019 by [[Euromoney]]<ref>{{cite web |title=Award winners {{!}} Best for Microfinance: RBL Bank |url=https://www.euromoney.com/article/b1ddgmvktgp4hg/asiamoney-best-bank-awards-2019-india#Micro |website=EuroMoney |date=2019}}</ref>
*Best Small Bank, Business Today – Money Today Financial Awards 2019<ref>{{Cite web|url=https://www.businesstoday.in/magazine/indias-best-banks-2019/sbi-hdfc-bank-bag-bank-of-the-year-award-at-bt-mt-financial-awards-2019/story/325649.html|title=SBI, HDFC Bank bag 'Bank of the Year' award at BT-MT Financial Awards 2019|website=www.businesstoday.in|date=7 March 2019 |access-date=2019-08-29}}</ref>
*Best Self Service Banking Initiative, Application - The Asian Banker Financial Technology Innovation Awards by [[The Asian Banker]]<ref>{{Cite web|url=https://www.edgeverve.com/finacle/awards/rbl-bank-asian-banker-financial-technology-awards-2019|title=Infosys Finacle & RBL Bank Win The Asian Banker Award 2019|website=EdgeVerve|language=en-US|access-date=2019-08-29}}</ref>


==See also==
==See also==
 
{{Portal|Banks}}
* [[Banking in India]]
* [[Banking in India]]
* [[List of banks in India]]
* [[List of banks in India]]
* [[Reserve Bank of India]]
* [[Indian Financial System Code]]
* [[List of largest banks]]
* [[List of companies of India]]
* [[List of companies of India]]
* [[Make in India]]


==References==
==References==
Line 67: Line 90:
==External links==
==External links==
* {{official website|http://www.rblbank.com/}}
* {{official website|http://www.rblbank.com/}}
*{{Finance links
| name = RBL Bank
| symbol = RATB.NS
}}


{{Banking in India}}
{{Banking in India}}

Latest revision as of 22:26, 6 March 2026


RBL Bank
Traded asBSE: 540065
NSE: RBLBANK
IndustryBanking, Financial Services
FoundedAugust 1943; 83 years ago (1943-08)
HeadquartersMumbai, Maharashtra, India
Key people
R Subramaniakumar (MD & CEO)
ProductsConsumer banking, corporate banking finance and Insurance, credit cards
RevenueIncrease ₹17,845 crore (US$2.5 billion) (2025) [1]
Increase ₹3,627 crore (US$510 million) (2025) [2]
Increase ₹10,269 crore (US$1.4 billion) (2025) [3]
Total assetsIncrease ₹146,725.48 crore (US$21 billion) (2025) [4]
Number of employees
14,265 (2025)
Websitewww.rbl.bank.in

RBL Bank, formerly known as Ratnakar Bank Limited, is an Indian private sector bank founded in 1943 and headquartered in Mumbai.[5] It offers services across five verticals: corporate banking, commercial banking, branch banking and retail liabilities, retail assets, and treasury and financial markets operations.[5][6]

History[edit | edit source]

On 6 August 1943, Ratnakar Bank was founded as a regional bank in Maharashtra with two branches in Kolhapur and Sangli by Babgonda Bhujgonda Patil from Sangli and Gangappa Siddappa Chougule from Kolhapur. It mainly served small and medium enterprises (SMEs) and business merchants in the Kolhapur-Sangli belt. The bank was incorporated in Kolhapur district on 14 June 1943 as Ratnakar Bank Limited.[7][8] In 1959, the bank was categorized as a scheduled commercial bank as per the Reserve Bank of India Act, 1934. During this decade, it was referred to as an NH4 Bank. In 1970, it received a banking license from the Reserve Bank of India (RBI).[9]

In July 2010, Vishwavir Ahuja became managing director and Chief executive officer of the bank.[citation needed]

In 2013, Ratnakar Bank acquired Royal Bank of Scotland's business banking, mortgage, and credit cards business divisions in India.[10]

In August 2014, the name of the bank was changed to RBL Bank Limited.[8]

On 12 June 2022, R Subramaniakumar was appointed as the Managing Director and CEO of the bank.[11] RBL Bank announced integration of UPI and National Common Mobility Card capabilities with RuPay credit cards on 1 August 2024.[12]

On 18 October 2025, UAE-based bank Emirates NBD announced that it will acquire a 60% stake in RBL Bank for ₹26,850 crore (US$3.05 billion) through a preferential issue of shares.[13]

Operations[edit | edit source]

As of March 2025, it had a network of 562 branches[14] and 412[15] ATMs across 28 states and union territories. It has 14,265 employees.[14] The bank also has a network of 1,272 business correspondent branches, of which 952 are managed by RBL Finserve Limited, a wholly owned subsidiary of the bank.[16]

In 2016, the bank ran a financial literacy programme called Saksham in collaboration with the CDC to provide education to 25,000 individuals and 300 villages in four districts of Madhya Pradesh.[17] Another Saksham programme was run in Ahmedabad in 2013.[18]

In 2018, RBL Bank partnered with MoneyTap to launch India's first personal credit line-based app.[19] In June of the same year, the company announced that it had raised its stake in microlender Swadhaar FinServe to 100 per cent.[20]

Funding[edit | edit source]

The bank has raised Rs. 8,600 crore of equity capital and Rs. 1500 crore of Basel III-compliant Tier II debt from 2010 to date.[when?] The bank counts Barings Private Equity Asia, British International Investment (formerly CDC Group), Multiples Alternate Asset Management, the Asian Development Bank, HDFC Ltd., ICICI Prudential Life Insurance, and Gaja Capital, among others, as its shareholders.[21]

Throughout the 2010s, RBL Bank reportedly raised a total of INR 4,000 crore from investors. It raised INR 700 crore in 2011, INR 376 crore in 2013, INR 328 crore in 2014 and INR 488 crore in 2016.[22] In July 2017, RBL Bank received board approval to raise an additional INR 1680 crore.[23]

In December 2019, the company announced that it had raised INR 675 crore through a preferential issue. Investors such as East Bridge Capital Master Fund and WF Asian Reconnaissance Fund participated.[24][25]

In August 2020, the company announced that it had raised INR 1,566 crore through a preferential issue. It was led by Baring Private Equity Asia, while other investors included ICICI Prudential Life, CDC Group and local private equity company Gaja Capital.[26][27]

See also[edit | edit source]

References[edit | edit source]

  1. ↑ "RBL Bank Q4 Results: Profit tanks 81 percent to Rs 69 crore as provisions spike". financialexpress.com. Financial Express. 25 April 2025. Retrieved 25 April 2025.
  2. ↑ "RBL Bank Q4 Results: Net profit drops 80.5% YoY to ₹69 crore; NII down 2.3% at ₹1563 crore". livemint.com. Live Mint. 25 April 2025. Retrieved 25 April 2025.
  3. ↑ "RBL Bank Q4 Results: Net profit drops 80.5% YoY to ₹69 crore; NII down 2.3% at ₹1563 crore". livemint.com. Live Mint. 25 April 2025. Retrieved 25 April 2025.
  4. ↑ "RBL Bank Ltd. Balance Sheet March 2025". moneycontrol.com. Money Control.
  5. ↑ 5.0 5.1 "About Us". www.rblbank.com. Archived from the original on 6 May 2022. Retrieved 24 May 2023.
  6. ↑ "RBL Bank toIPO". Banking Services. 1 January 2023. Retrieved 1 January 2023.[permanent dead link]
  7. ↑ M, Sabarinath (5 July 2010). "Ratnakar Bank gets new-look board". The Economic Times. Retrieved 21 September 2019.
  8. ↑ 8.0 8.1 "Company History - RBL Bank Ltd". economictimes.indiatimes.com. The Economic Times. Retrieved 15 February 2019.
  9. ↑ Chakraborty, Somasroy (20 January 2013). "Ratnakar Bank: From NH4 to NH8". business-standard.com. Business Standard. Retrieved 15 February 2019.
  10. ↑ "Ratnakar Bank to buy 3 business units of RBS". BusinessLine. 9 August 2013. Retrieved 25 October 2025.
  11. ↑ "Who is R Subramaniakumar, the new MD & CEO of RBL Bank?". Moneycontrol.
  12. ↑ Mishra, Ayush (1 August 2024). "RBL Bank launches RuPay credit cards with UPI and NCMC functionalities". Business Standard. Retrieved 4 August 2024.
  13. ↑ [1]
  14. ↑ 14.0 14.1 "RBL Annual Report FY 2024-25, Page 77" (PDF). NSE India.
  15. ↑ "RBL Bank Q1 Results On July 19 — Check Key Details Here". NDTV Profit. 18 July 2025. Retrieved 19 November 2025.
  16. ↑ "RBL Bank Q4 results: Standalone PAT jumps 30% YoY to Rs 353 crore". The Economic Times. 27 April 2024.
  17. ↑ "RBL Saksham in Madhya Pradesh". Telegraph India. Retrieved 11 April 2016.
  18. ↑ "Saksham in Ahmedabad". Times Of India. 5 December 2013. Retrieved 11 April 2016.
  19. ↑ Bhakta, Pratik (23 May 2017). "Moneytap, RBL Bank to offer line-of-credit to small units". The Economic Times. Retrieved 7 November 2018.
  20. ↑ "RBL Bank buys 100% stake in Swadhaar FinServe". 28 June 2018.
  21. ↑ "RBL Bank to raise $260 mn from Multiples PE, CDC and others". 7 July 2017.
  22. ↑ "RBL raises capital". Business Standard India. Business Standard. 10 April 2014. Retrieved 20 September 2017.
  23. ↑ Hetavkar, Nikhat (8 July 2017). "RBL Board Approval to raise 1680 Crore". Business Standard India. Business Standard. Retrieved 20 September 2017.
  24. ↑ Saxena, Ridhima (31 December 2019). "RBL Bank raises ₹675 crore via preferential issue". mint.
  25. ↑ "RBL Bank to raise Rs 825.79 crore through private placement of shares". Money Control. 30 November 2019. Retrieved 1 December 2019.
  26. ↑ Rebello, Joel. "Investors led by Baring PE put Rs 1566 crore into RBL Bank". The Economic Times.
  27. ↑ Dhanjal, Swaraj Singh (21 August 2020). "Baring PE, others to invest ₹1,566 crore in RBL Bank". Livemint.

External links[edit | edit source]

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