RBL Full Form | Full Form of RBL Bank

RBL Full Form - Ratnakar Bank Limited

 Ratnakar Bank Limited

Ratnakar Bank Limited

  • There is no full form of RBL. Earlier, it stands for Ratnakar Bank Limited. It's a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra, India.
  • It's established in August 1943, one among the oldest private bank in India. Today, it's providing services to around 3.5 million customers through its network of 245 branches and 374 ATMs.
  • It offers a wide range of banking products and services under six verticals which are as follows:
    • Corporate & Institutional Banking
    • Branch & Business Banking
    • Commercial Banking
    • Agribusiness Banking
    • Development Banking and Financial Inclusion
    • Treasury and Financial Markets Operations
  • Its vision is to be a Bank of Choice by developing and maintaining enduring relationships through trust and respect of customers, employees and investors. MrVishwavir Ahuja is the current (as of 2017) MD & CEO of RBL bank.
 Ratnakar Bank Limited

Ratnakar Bank Limited products

Key Products & Services

 Ratnakar Bank Limited

Ratnakar Bank Limited service

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

Brief History

  • RBL was established as a small, regional bank in Maharashtra in August 1943. In the beginning, it had two branches in Kolhapur and Sangli.
  • In August 1959, it had been categorized as a Scheduled commercial bank.
  • In July 2010, when Mr. Vishwavir Ahuja became the MD and CEO of RBL bank, it underwent a radical transformation from an old private bank into a professionally managed new-bank.
  • In August 2016, it had been listed on the National stock exchange ( NSE ) and Bombay stock exchange ( BSE ).
  • In the FY 2015-16, it's registered a profit of INR 292 crores and paid a dividend of 15%.
  • In May 2016, it acquired a 30% stake in SwadharFinservePvt Ltd.
  • In October 2016, it acquired a 9.99% stake in Utkarsh Micro Finance.
  • In June 2017, it's rated as A1+ for the certificates of Deposits Program.


  • RBL has bagged many awards since its inception, some of which are as follows:

In 2012

  • Asian Banker Technology Implementation Award
  • Recognized as India's Best Bank (Growth) within the Mid-Sized Bank Segment

In 2013

  • Sunday Standards Best Bankers Award
  • Fastest growing small bank in Business World-PWC Best Bank Survey

In 2014

  • Recognized as a global Growth Company by the world Economic Forum
  • Emerged as a fastest growing small bank within the Business World-PWC Best Bank Survey
  • Dun & Bradstreet Banking Award
  • FE Best Bank Award

In 2015

  • IDRBT Banking Technology Excellence Awards
  • ESB (Enterprise State Bus) Deployment at Finnoviti 2015
  • FE Best Bank Award

In 2016

  • Mastercard Innovation Award
  • IDRBT Banking Technology Excellence Award
  • The Asian Banker Technology Innovation Award

In 2017

  • Dun & Bradstreet Banking Award
  • Megna Award for best growing small bank
  • Vccircle Award for financial services company of the year
  • IBA Banking Technology Awards
  • Ernst & Young (EY) Entrepreneur of the Year 2016 India Awards
  • Bagged the CNBC Asia's India Talent Management Award

CSR Initiatives

  • Promoting Education : It promotes education by participating in projects related to skill training and development. It also supports the Krishi Vigyan Kendras ( KVK ), Industrial Training Institutes ( ITI ), and Farmers Service Societies (FSS).
  • Preventive Healthcare : It includes health camps, blood donation camps, and other healthcare services from time to time. It also focuses on reducing infant and maternal mortality.
  • Women Empowerment : It undertakes various activities to empower women through education, skill building etc. It also promotes women-based micro enterprises.
  • Sustainable Livelihood : It creates livelihood opportunities by performing on water conservation, artificial recharge and through productivity enhancement.

Related Searches to RBL Full Form | Full Form of RBL Bank