About RBL Bank
RBL Bank is a company based in Mumbai (India) founded in 1943 by Veena Vikas Mankar was acquired by Emirates NBD in October 2025. RBL Bank has raised $120.64 million across 9 funding rounds from investors including ICICI Lombard, Bajaj Finserv and Emirates NBD. The company has 14,060 employees as of March 31, 2024. RBL Bank has completed 1 acquisition, including Adevole. RBL Bank operates in a competitive market with competitors including Axis Bank, Yes Bank, Bandhan Bank, UniCredit and HDFC Bank, among others.
- Headquarter Mumbai, India
- Employees 14060 as on 31 Mar, 2024
- Founders Veena Vikas Mankar
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rbl Bank Ltd.
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Annual Revenue
$2.08 B (USD)0as on Mar 31, 2025
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Net Profit
$83.92 M (USD)0as on Mar 31, 2025
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EBITDA
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Total Equity Funding
$120.64 M (USD)
in 9 rounds
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Latest Funding Round
$209.2 M (USD), Post-IPO
Aug 20, 2020
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Investors
ICICI Lombard
& 24 more
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Employee Count
14060
as on Mar 31, 2024
- Investments & Acquisitions
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Acquired by
Emirates NBD
(Oct 18, 2025)
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IPO & Listings of RBL Bank
RBL Bank is a publicly listed company on the NSE with ticker symbol RBLBANK in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of RBL Bank
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Software Development Team
173 people
Leadership Team
51 people
Human Resources and Administration
19 people
Deputy Team
14 people
Data Analysis and Operations Team
14 people
Operations Team
13 people
Sales and Marketing
12 people
Head Team
11 people
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Funding Insights of RBL Bank
RBL Bank has successfully raised a total of $120.64M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $209.2 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Post-IPO — $209.2M
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First Round
First Round
(25 Dec 2007)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Post-IPO - RBL Bank | Valuation |
investors |
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| Dec, 2019 | Amount | Post-IPO - RBL Bank | Valuation |
investors |
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| Dec, 2019 | Amount | Post-IPO - RBL Bank | Valuation |
investors |
Investors in RBL Bank
RBL Bank has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include ICICI Lombard, Bajaj Finserv and Emirates NBD.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm partnering with entrepreneurs in India's domestic economy.
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Founded Year | Domain | Location | |
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location |
Investments & Acquisitions by RBL Bank
RBL Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Adevole.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Shopify apps are developed and supported for e-commerce merchants.
|
2008 |
Financial Statements - RBL Bank
Rbl Bank Comparisons
Competitors of RBL Bank
RBL Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axis Bank, Yes Bank, Bandhan Bank, UniCredit and HDFC Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a commercial banking services
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| domain | founded_year | HQ Location |
Commercial banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Personal and business banking services are offered to underbanked markets.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial and personal banking services are offered by HDFC Bank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to corporate and retail customers.
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Frequently Asked Questions about RBL Bank
RBL Bank was founded in 1943 and raised its 1st funding round 64 years after it was founded.
RBL Bank is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vishwavir Ahuja is the current CEO of RBL Bank.
RBL Bank is a funded company, having raised a total of $120.64M across 9 funding rounds to date. The company's 1st funding round was a Post-IPO of $283.02M, raised on Dec 25, 2007.
As of Mar 31, 2024, the latest employee count at RBL Bank is 14,060.
Annual revenue of RBL Bank is $2.08B as on Mar 31, 2025.
RBL Bank was established in 1943 in Mumbai, India, as a commercial bank. Personal and business banking products are offered, including secure online banking, credit cards, loans, and various financial solutions. Operations focus on customer accessibility through online platforms and mobile applications for banking and financial management across India.
RBL Bank's top competitors include Yes Bank, Axis Bank and Bandhan Bank.
Yes, RBL Bank is publicly traded on NSE under the ticker symbol RBLBANK.
RBL Bank has made 1 acquisition, including Adevole.
RBL Bank has 25 investors. Key investors include ICICI Lombard, Bajaj Finserv, Emirates NBD, International Finance Corporation, and ICICI Prudential Life Insurance.
The ticker symbol of RBL Bank is RBLBANK on NSE.