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India's RBL Bank is looking to ramp up its retail exposure to protect its books from being over-exposed to large corporates and to help bolster growth alongside its key businesses of credit cards ...
RBL Bank, formerly known as Ratnakar Bank Limited, is an Indian private sector bank founded in 1943 and headquartered in Mumbai. [3] It offers services across five verticals: corporate banking, commercial banking, branch banking and retail liabilities, retail assets, and treasury and financial markets operations.
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He was the executive director and also the MD and CEO of Indian Overseas Bank. He was an administrator at Dewan Housing Financial Corporation. He also was an Independent Director of the UC Pension Fund Limited. On 24 June 22, he joined Ratnakar Bank Limited as the managing director and chief executive officer. [5] [6]
The DLAI comprises over 80 digital lending players; including Cred, Paytm, Experian, and RBL Bank; and represents around 85% of the transaction volume of the digital credit industry in India. In September 2023, Moneyview received ISO 27001:2022 certification, [ 8 ] an international standard for management and protection of the confidentiality ...
In August 1959, the Bank was categorised as a "Scheduled Commercial Bank" within the meaning of the Reserve Bank of India Act, 1934. RBL Bank was referred to as NH4 Bank since most of its occupation was limited to the cities in the 1,235-km highway National Highway 4 that connected four of the 10 most dense cities in India.
Zeta has partnerships with IDFC Bank, [14] Sodexo, [15] Excelity Global, [16] Kotak Mahindra Bank [17] [18] and RBL Bank. [11] Zeta launched the first employee benefits survey in India along with Nielsen Holdings in April 2018. [19] It also bought a minority stake in PeopleStrong in January 2018. [20]
The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [ 1 ] The next major government intervention in banking took place on 19 July 1969 when the Indira government nationalised an additional 14 major banks.