Ratnakar Bank limited

Ratnakar Bank limited Founded:1943

RBL Bank is one of India’s fastest growing scheduled commercial banks.
RBL Bank is continuously expanding its presence across India through a growing network of branches and ATMs.
Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. RBL Bank embarked on an aggressive growth plan based on a robust platform of strong governance, relationships, technology infrastructure, high quality capital and geographic expansion.
Over the last two years, it has infused capital of over Rs.1,100 Crore from some of the most notable global and domestic names, taking the TIER 1 capital toRs.1,600 Crore (approx.).

Financial / Funding data

RBL Bank raised INR 720 Crore from Beacon India Private Equity Fund, Cartica Capital, Faering Capital, Gaja Capital Partners, HDFC, Norwest Venture Partners, and Samara Capital and others in 2011.
RBL Bank raised $60.64 million from a group of investors, including Aditya Birla PE, IFC, IDFC Alternatives and Ascent Capital in 2013.
RBL Bank raised $55M round from CDC, Asia Capital and existing investors in 2014.

DescriptionRatnakar Bank Limited is a private bank of India.


As of March, 2014, RBL Bank has grown to a network of 175 branches and 350 ATMs across 12 Indian states.
Best Indian Banker (small-sized)– Sunday Standards Best Bankers' Award, 2013.
Ranked India’s Best Bank (Growth) & 5th Overall in the mid-sized bank segment– A Business Today and KPMG study in 2012 & 2013.
Winner of the Best Core Banking Project, India, 2012– Asian Banker Technology Implementation Award.

More Information

Key People

Mr. Vishwavir Ahuja: Managing Director & CEO

Products / Services Personal Banking, NRI Banking, Commercial Banking, Corporate & Institutional Banking, Agri Banking & Financial Inclusion, Micro & Small Business Banking

Contact Details

Location Kolhapur
Phone Number+91 22 61156300 to 99
Company Office Address

The Ratnakar Bank Ltd.
Shri Shahu Market Yard,
Kolhapur - 416005
Maharashtra State, India
Web Address: www.rblbank.com