RBL Bank Full Form

RBL Bank Full Form, what is the full form of RBL Bank, when was RBL Bank established, what services does RBL Bank provide, what is the full name and meaning of RBL Bank, answers to all such questions can be found in this post.

RBL Bank Full Form

RBL Bank full form is “Ratnakar Bank Limited”. It is a commercial bank headquartered in Kolhapur region of Maharashtra, India. It is established in August 1943, which is one of the oldest private bank in India.

Today it serves about 3.5 million customers through a network of 245 branches and 374 ATMs. It offers a wide range of Banking Products and Services under Six Vertical, whose names you can see below.

  • Commercial Banking

  • Agribusiness Banking

  • Branch & Business Banking

  • Corporate & Institutional Banking

  • Development Banking and Financial Inclusion

  • Treasury and Financial Markets Operations

Suggested Read: ICICI Full Form

Its vision is to develop and maintain lasting relationships through the trust and respect of customers, employees, and investors. Shri Vishwaveer Ahuja is the MD & CEO of RBL Bank from 2017 till now.

History of RBL Bank

In August 1943, RBL was established as a small regional bank in Maharashtra. Initially, it had two branches at Kolhapur and Sangli. In August 1959, it was classified as Scheduled Commercial Bank.

In July 2010, when Mr. Vishwaveer Ahuja became the MD and CEO of RBL Bank, it was a radical change from an old Private Bank to a professionally Managed New Bank.

In August 2016, it was listed on the National Stock Exchange and the Bombay Stock Exchange.

RBL earned a profit of Rs 292 crore in the financial year 2015-16 and paid a dividend of 15%. In May 2016, it acquired a 30% stake in Swadhar Finserve Pvt Ltd.

In October 2016 Utkarsh Micro Finance acquired 9.99% stake. In June 2017 it has been Rated as A1 + for Certificates of Deposits Program.

Services Offered By RBL Bank

Some products and service of RBL are as follows –

  • NRI Banking
  • Fixed deposits
  • Savings Accounts
  • Investment Services
  • Loans and Insurance
  • Debit and Credit Cards
  • Mobile and Internet Banking

Some Points to be Noticed about RBL Bank

  • As of December 2019, it has a network of 372 branches and 394 ATMs in 28 states and union territories. It has 5,843 employees.


  • In 2016, RBL Bank collaborated with the CDC to provide education to 25,000 individuals and 300 villages in 4 districts of Madhya Pradesh, a financial literacy program called Saksham.

    During the year 2010, RBL Bank raised a total of Rs 4,000 crore from investors. It raised Rs 700 crore in 2011, Rs 376 crore in 2013, Rs 328 crore in 2014 and Rs 488 crore in 2016. In July 2017, RBL Bank received board approval to raise an additional Rs 1680 crore.


  • In 2018, RBL Bank partnered with MoneyTap to launch India’s first personal credit line based app.


  • In June 2018, the company announced that it had increased its stake in micro-lender Swadhaar Fin-serve to 100 percent.


  • RBL Bank serves more than 7.8 million customers.


  • RBL Bank is listed on both NSE and BSE.

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1 Response

  1. September 5, 2020

    […] Suggested Read: RBL Bank Full Form […]

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