RBL Full Form
RBL Full Form is Ratnakar Bank Limited
What is the full form of RBL
There’s no full form of RBL. Before, it stands for Ratnakar Bank Limited. It’s a listed marketable bank headquartered in the Kolhapur region of Maharashtra, India. It’s established in August 1943, one of the oldest private bank in India. Moment, it’s furnishing services to around3.5 million guests 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 Fiscal Addition
Treasury and Financial Markets Operations
Its vision is to be a Bank of Choice by developing and maintaining enduring connections through trust and respect of guests, workers and investors. Mr Vishwavir Ahuja is the current (as of 2017) MD & CEO of RBL bank.
Key Products & Services
Savings Accounts
Fixed Deposits
Disbenefit and Credit Cards
Loans and Insurance
Mobile and Internet Banking
Investment Services
NRI Banking etc.
RBL Full Form
Detail History
RBL was established as a small, indigenous bank in Maharashtra in August 1943. In the morning, it had two branches in Kolhapur and Sangli.
In August 1959, it was distributed as a Slated Commercial Bank.
In July 2010, whenMr. Vishwavir Ahuja came the MD and CEO of RBL bank, it passed a radical metamorphosis from an old private bank into a professionally managed new-bank.
In August 2016, it was listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
In the FY 2015-16, it has registered a profit of INR 292 crores and paid a tip of 15.
In May 2016, it acquired a 30 stake in Swadhar Finserve PvtLtd.
In October 2016, it acquired a9.99 stake in Utkarsh Micro Finance.
In June 2017, it’s rated as A1 for the instruments of Deposits Program.
Awards
RBL has bagged numerous awards since its commencement, some of which are as follows
In 2012
Asian Banker Technology Perpetration Award
Honored as India’s Best Bank (Growth) in TheMid-Sized Bank Segment
In 2013
Sunday Norms Best Bankers Award
Fastest growing small bank in Business World-PWC Best Bank Survey
In 2014
Honored as a Global Growth Company by the World Economic Forum
Surfaced as a fastest growing small bank in 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 stylish growing small bank
VCCircle Award for fiscal services company of the time
IBA Banking Technology Awards
Ernst & Young (EY) Entrepreneur of the Year 2016 India Awards
Bagged the CNBC Asia’s India Talent Management Award
CSR Enterprise
Promoting Education : It promotes education by sharing in systems 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 child and motherly mortality.
Women Commission : It undertakes colorful conditioning to empower women through education, skill structure etc. It also promotes women- grounded micro enterprises.
Sustainable Livelihood : It creates livelihood openings by working on water conservation, artificial recharge and through productivity improvement.
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