RBL Bank

Company

Investment-firm

Last deal

$50.85M
Local Amount - INR 4.17B

Amount

Post-IPO Equity

Stage

26.07.2023

Date

3

all rounds

$814.46M

Total amount

Financing round

General

About Company
RBL Bank is a rapidly growing commercial bank in India, offering specialized services in various business verticals.

Industry

Sector :

Subsector :

Also Known As

The Ratnakar Bank

founded date

01.08.1943

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Established in 1943, RBL Bank has experienced significant growth under new management since 2010. With a strong focus on governance, relationships, technology infrastructure, and capital, the bank has expanded its network of branches and ATMs across 13 Indian states. It currently serves over 5 Lakh customers and has a total business size of over Rs. 14,500 Crore. RBL Bank offers specialized services in Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking, and Financial Markets.
Contacts
Legal Names

Legal name

RBL Bank Limited
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Number of Funding Rounds

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Their latest funding was raised on 26.07.2023. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
26.07.2023
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Local Amount - INR 4.17B
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1
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Acquisitions
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Swadhaar FinServe acquired by RBL Bank

Swadhaar FinServe acquired by RBL Bank

acquirer

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RBL Bank

date

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type

Acquisition
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People

Founders
1
Vishwavir Ahuja
Vishwavir Ahuja

Vishwavir Ahuja

Vishwavir Ahuja is an MBA from IIM, Ahmedabad and has MS in Finance from University of Michigan, USA. He is an accomplished Banker with a career spanning 29 years. As Managing Director & CEO of RBL Bank, Ahuja is responsible for building an institution of Banking Excellence based on a robust platform of strong governance, capital strength, core infrastructure, risk management, compliance framework and human assets. Prior to joining RBL Bank, Ahuja was the Managing Director & CEO of Bank of America, India from May, 2001 to August, 2009. During his tenure Bank of America was rated as the 'Best Foreign Bank in India', 'Most Efficient bank in India (across the entire Industry)' and was rated amongst the top 2 in Credit Quality by Ernst & Young Financial Express survey in 2008 and 2009. During his long stint at Bank of America, Ahuja has had assignments in USA, Hong Kong and all four Regional Offices in India. He has held various positions in Bank of America, India's Credit & Risk Management Group, Treasury & Foreign Exchange, Corporate Planning & Finance and Head - Corporate Banking & Investment Banking and eventually as CEO at the age of 41 years

current job

RBL Bank
RBL Bank

Vishwavir Ahuja

Employee Profiles
26
R. Subramaniakumar

R. Subramaniakumar

CEO & Managing Director

Rajeev Ahuja

Rajeev Ahuja

interim MD & CEO

Deepak Gaddhyan

Deepak Gaddhyan

Chief Credit Officer (Wholesale)

Deepak Kumar

Deepak Kumar

Chief Risk Officer

Pankaj Sharma

COO

Sankarson Banerjee

Sankarson Banerjee

Chief Information Officer

Naresh Karia

Naresh Karia

Chief Financial Officer

Vishwavir Ahuja

Vishwavir Ahuja

MD & CEO

Activity

Recent News
36
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