RBLBANK

It was being incorporated under the Indian Companies Act, 1913 and was also granted a certificate of incorporation as on June 14, 1943, as ‘The Ratnakar Bank Limited’ and was granted the certificate of commencement of business, dated July 5, 1943, by the Registrar of Joint Stock Companies, Kolhapur State. According to the no-objection letter dated August 8, 2014 received from the RBI and a special resolution passed by the shareholders of The Bank on August 26, 2014, the bank name was also changed from ‘The Ratnakar Bank Limited’ to ‘RBL Bank Limited’ so as to refresh its brand to be more focussed on new-age customers as well as stakeholders. Also, a fresh certificate of incorporation, dated November 24, 2014, following the name change was granted by the Registrar of Companies, Pune to the Bank.

It is a banking company being recognized as a scheduled commercial bank within the meaning of the Reserve Bank of India Act, 1934.

1943: It was being incorporated as ‘The Ratnakar Bank Limited’ in Kolhapur State, India.

1959: Its name was entered in the Second Schedule to the Reserve Bank of India Act, 1934, by the Reserve Bank of India.

1970: It received a license to carry on banking business in India from the Reserve Bank of India.

2011: It was granted a license to operate as an authorized dealer category – I and deal in foreign exchange, by the RBI.