|₹268.8 / ₹123.8|
What is shareholding pattern? Who are shareholders?
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RBL Bank, formerly Ratnakar Bank, is one of India's fastest growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets, Development Banking and Financial Inclusion, Treasury and Financial Markets Operations. As on December 2020, the bank services over 9. 08 million customers through a network of 403 branches, 1344 BC branches and 412 ATMs spread across the country. Established in 1943, RBL Bank started a transformational journey under a new management team in 2010. On 9 August 2013, Ratnakar Bank announced that that it has agreed to acquire Royal Bank of Scotland's Business Banking business, Credit Cards business & Mortgage portfolio in India subject to approvals from Competition Commission of India (CCI). This transaction would complement well with Ratnakar Bank's existing business and would help it add strength in the desired product and customer segments. The transaction is expected to help the bank create further capabilities in a very short span of time and enhance CASA.