Edge Rewrite
everything Source code View original
// HTMLRewriter · presentation

This page was redesigned at the edge.

Cloudflare fetched the original article and streamed it through HTMLRewriter to apply an entirely new visual system without rebuilding the source page.

// request.cf · coarse context

A page that knows where it met you.

Only coarse request metadata is shown. This demo does not display or persist visitor IP addresses.

Country
US
Cloudflare location
CMH
Connection
HTTP/2
Language
Not provided

Ray ID: a25127d73b79f689

Jump to content

RBL Bank

From Wikipedia, the free encyclopedia

RBL Bank
TypeSubsidiary
BSE: 540065
NSE: RBLBANK
IndustryBanking, Financial Services
FoundedAugust 1943; 82 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$1.9 billion) (2025) [1]
Increase ₹3,627 crore (US$380 million) (2025) [2]
Increase ₹10,269 crore (US$1.1 billion) (2025) [3]
Total assetsIncrease ₹146,725.48 crore (US$15 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]

In June 2026, Emirates NBD acquired a 60% stake in the bank.[7]

History

[edit]

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.[8][9] 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).[10]

In 2013, Ratnakar Bank acquired Royal Bank of Scotland's business banking, mortgage, and credit cards business divisions in India.[11]

In August 2014, the name of the bank was changed to RBL Bank Limited.[9]

RBL Bank was registered and listed on the Bombay Stock Exchange (BSE) on August 31,2016, following its intial public offering (IPO)[12]

On 12 June 2022, R Subramaniakumar was appointed as the Managing Director and CEO of the bank.[13] RBL Bank announced integration of UPI and National Common Mobility Card capabilities with RuPay credit cards on 1 August 2024.[14]

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.[15] In June 2026, it completed the acquisition for US$2.75 billion.[16]

Operations

[edit]

As of 2026, it has a network of 628 branches[17] across 28 states and union territories. It has 14,265 employees.[18] The bank also has a network of 1,272 business correspondent branches, of which 952 are managed by RBL Finserve Limited[19].

In 2018, RBL Bank partnered with MoneyTap to launch India's first personal credit line-based app.[20] In June of the same year, the company announced that it had raised its stake in microlender Swadhaar FinServe to 100 per cent.[21]

Funding

[edit]

Between 2010 and 2020, the bank raised equity and debt capital from several investors, including Barings Private Equity Asia[22][23], British International Investment (formerly CDC Group), Multiples Alternate Asset Management, the Asian Development Bank, HDFC Ltd., ICICI Prudential Life Insurance, and Gaja Capital.[24]

See also

[edit]

References

[edit]
  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. 1 2 "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. ↑ "Emirates NBD and RBL Bank announce the Successful Completion of the Landmark Strategic Investment". Emirates NBD. Retrieved 23 July 2026.
  8. ↑ M, Sabarinath (5 July 2010). "Ratnakar Bank gets new-look board". The Economic Times. Retrieved 21 September 2019.
  9. 1 2 "Company History - RBL Bank Ltd". economictimes.indiatimes.com. The Economic Times. Retrieved 15 February 2019.
  10. ↑ Chakraborty, Somasroy (20 January 2013). "Ratnakar Bank: From NH4 to NH8". business-standard.com. Business Standard. Retrieved 15 February 2019.
  11. ↑ "Ratnakar Bank to buy 3 business units of RBS". BusinessLine. 9 August 2013. Retrieved 25 October 2025.
  12. ↑ "RBL bank limited" (PDF). www.bseindia.com.
  13. ↑ "Who is R Subramaniakumar, the new MD & CEO of RBL Bank?". Moneycontrol.
  14. ↑ Mishra, Ayush (1 August 2024). "RBL Bank launches RuPay credit cards with UPI and NCMC functionalities". Business Standard. Retrieved 4 August 2024.
  15. ↑ "India's markets regulator approves change of control at RBL Bank in Emirates NBD stake deal". Reuters. 30 April 2026.
  16. ↑ Sarkar, Suvo (22 June 2026). "Emirates NBD's RBL Bank deal rewrites the UAE-India banking corridor". Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema. Retrieved 22 June 2026.
  17. ↑ "About Us | RBL Bank". www.rbl.bank.in. Retrieved 31 July 2026.
  18. ↑ "RBL Annual Report FY 2024-25, Page 77" (PDF). NSE India.
  19. ↑ "RBL Bank Q4 results: Standalone PAT jumps 30% YoY to Rs 353 crore". The Economic Times. 27 April 2024.
  20. ↑ Bhakta, Pratik (23 May 2017). "Moneytap, RBL Bank to offer line-of-credit to small units". The Economic Times. Retrieved 7 November 2018.
  21. ↑ "RBL Bank buys 100% stake in Swadhaar FinServe". 28 June 2018.
  22. ↑ Rebello, Joel. "Investors led by Baring PE put Rs 1566 crore into RBL Bank". The Economic Times.
  23. ↑ Dhanjal, Swaraj Singh (21 August 2020). "Baring PE, others to invest ₹1,566 crore in RBL Bank". Livemint.
  24. ↑ "RBL Bank to raise $260 mn from Multiples PE, CDC and others". 7 July 2017.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=RBL_Bank&oldid=1367072587"