What is the full form of RBL?
RBL full form is Ratnakar Bank Limited. RBL was founded in 1943 and had numerous branches in cities across the nation. Its headquarters are in Mumbai. The bank is among India’s earliest private-sector banks. It offers services across all six vertical lines, which are and.
- Corporate and financial institution banking
- Business Banking
- Branch and commercial banking
- Direct investments
- Banking for expansion and financial inclusion
- Operations of the Treasury and financial markets
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History of RBL bank
- In August 1943, RBL was founded as a small regional bank in Maharashtra. Initially, two branches were located in Sangli and Kolhapur.
- It was designated as a Scheduled Commercial Bank in 1959.
- In July 2010, when Mr. Vishwavir Ahuja was appointed managing director and chief executive officer of RBL Bank, the institution underwent a significant transformation from an old private bank to a professionally run new bank.
- It was listed on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) (Bombay Stock Exchange).
Service and products of RBL Bank
- Money Market Accounts
- Cards of credit and debit
- Services for the Investment in Fixed Deposits
- Loans and Insurance through Mobile and Internet Banking
- NRI Banking etc.
