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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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