RBL Bank Limited, formerly Ratnakar Bank Limited, is an Indian private-sector bank headquartered in Mumbai. Founded in 1943 as a regional bank in Maharashtra, it was renamed RBL Bank in 2014 and listed on the NSE and BSE in August 2016. The bank serves corporate, commercial, branch-banking and retail customers, runs a sizeable credit card business, and operates treasury and financial markets desks. In June 2026 Emirates NBD completed a roughly $2.75 billion preferential share subscription giving it a 60% controlling stake, making RBL Bank a subsidiary of the Dubai lender; its shares remain listed.
The Ratnakar Bank has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
1943
Employees
10,000+
Total Funding
$651M
6 rounds
Emirates NBD and RBL Bank completed the ~$2.75B preferential issue giving Emirates NBD a 60% stake; open offer drew no tenders
Majority foreign owner now promoter; public float shrinks, open-offer price no longer a tender anchor
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $651M across 6 rounds
Last updated 10-09-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Aug 20, 2020 | Post-IPO Qualified Institutional Placement | $209M | — | Not disclosed |
| Dec 2019 | Preferential issue 2019 | $95M | — | Not disclosed |
| 2016 | Private placement 2016 (pre-IPO) | $73M | — | Not disclosed |
R Subramaniakumar
Managing Director & CEO
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