Ratnakar Bank Takes Over RBS

Hi buddy I heard Ratnakar Bank Takes Over RBS , is it so if yes then plz tell me its related info here , as my cousin asking me about it ??

[Rajkumar Agarwal]

RBL Bank Limited is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra.


As you asking I am telling Ratnakar Bank Ltd, the smallest of India’s commercial banks, agreed to buy some Indian assets of Royal Bank of Scotland Group Plc (RBS), including the UK bank’s commercial loans, mortgages, credit card and loan-against-property portfolios, beating at least five bigger rivals that were in the race.

Bank program:

Type Public

Traded as BSE: 540065

NSE: RBLBANK

Industry Banking

Financial services

Founded August 1943

Key people Vishwavir Ahuja, MD and CEO

Products 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)