Ratnakar Bank Growth

Can you tell me about the growth of RBL Bank Limited (formerly The Ratnakar Bank limited)? Also tell me about the Awards & Recognition achieved by it?

[Rajkumar Agarwal]

RBL Bank Limited is a scheduled commercial bank founded in August 1943 and is one of the oldest private sector banks in India.

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.

It bought a part of the Indian business of the Royal Bank of Scotland (RBS), India in 2013. The deal included business of banking and credit cards and the mortgage portfolio, leading to 1.2 lakh customers of RBS, moving to RBL

Ratnakar Bank Growth

Over the last few years, it has infused capital of over Rs. 1,500 Cr, from domestic and global investors, taking the TIER 1 capital to approximately Rs. 2,000 Cr.

In 2015-16, it 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, it had a balance sheet growth of 49% and a 4-year CAGR of 70%.

As of March 2016, it has grown to a network of 193 branches and 362 ATMs across 13 Indian states and Union Territories. In 2014, it announced its plan to issue an IPO.


Products & Services
• Accounts
• Fixed Deposits
• Credit Cards
• Loans
• Insurance
• Internet Banking
• Mobile Banking
• Investment Services
• Demat

Awards & Recognition
• Featured at the 31st position in the Fortune Next 500 list of Indian companies, 2015. Other companies included MakeMyTrip, IRCTC and Redington.
• Recognised as a Global Growth Company, 2014 by World Economic Forum
• Rated as India’s Best Bank (Growth) in the mid-sized bank segment - A Business Today and KPMG study in 2012, 2013 & 2014
• Rated as the Fastest Growing Small Bank according to Business World-PWC Best Bank Survey 2013 & 2014
• Ranked as the Best Bank in the Priority Sector Lending (Private Sector), Dun & Bradstreet Banking Awards, 2014
• Rated as the Best Indian Banker (Small-Sized), Sunday Standards Best Bankers Award, 2013
• Winner of the Best Core Banking Project, India, 2012, Asian Banker Technology Implementation Award