RBL Bank Ltd.

Incorporated in 1943 as a regional bank in Maharashtra, RBL Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers.As of March 31, 2016, RBL had 197 branches and 362 ATMs spread across 16 Indian states serving over 1.9 million customers.Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.RBL acquired certain Indian businesses of the Royal Bank of Scotland (RBS), including the RBS's business banking, credit card and mortgage portfolio businesses, in 2014.RBL's business segments consist of corporate and institutional banking, commercial banking, branch and business banking, agribusiness banking, development banking and financial inclusion and treasury and financial markets operations.Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.RBL's Competitive Strengths:1. Client focused approach to business resulting in growing brand recognition2. Robust multi-channel distribution system3. Partnerships that expand reach in rural markets4. Growing net interest and non-interest income5. Risk management and balance sheet focus6. Modern and scalable information technology systems infrastructure7. Focus on operational quality and scalability

RBL Bank Ltd. proposes to utilise the net proceeds from the Issue for the following objects: