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The objects of the Fresh Issue are to augment our Bank’s Tier-I capital base to meet our Bank’s future capital requirements which are expected to arise out of growth in our Bank’s assets, primarily our Bank’s loans/advances and investment portfolio, and to ensure compliance with Basel III and other RBI guidelines. In addition, we believe that the listing of our Equity Shares will enhance our visibility and brand name among existing and potential customers.
Business Description :
We are one of India’s fastest growing private sector banks in the last six years. Our Bank has cultivated a customer-centric culture where we use our industry domain knowledge, experience and technology with the goal of satisfying the client’s complete banking needs. We offer a comprehensive range of banking products and services customized to cater to the needs of large corporations, small and medium enterprises (“SMEs”), agricultural customers, retail customers and development banking & financial inclusion (low income) customers. We have been expanding our
 presence across India through a growing network of branches and ATMs and upgrading our traditional delivery channels with modern technology-enabled channels like phone banking, internet banking and mobile banking. As of March 31, 2016, we had 197 interconnected branches and 362 interconnected ATMs spread across 16 Indian states and union territories serving approximately 1.90 million customers.We have a long history in India, with operations since 1943 when our Bank was incorporated as a small, regional bank in Maharashtra with two branches in Kolhapur and Sangli. In August 1959, we were categorized as a “scheduled commercial bank” within the meaning of the Reserve Bank of India Act, 1934. Though our Bank has a 73-year operating history, we have transformed ourselves in the past six years from a traditional bank into a ‘New Age’ bank while harnessing our heritage, relationships with customers and domain strengths. Our transformation commenced in 2010 during the difficult economic period following the global financial crisis as well as the economic slowdown that followed in India. Our Board and management envisioned a professionally governed and managed institution, built on the platforms of knowledge, sector expertise and technology. As part of our transformation, we focused on three pillars while laying the foundation for growth: 1) Putting in place a robust corporate governance framework and processes, including strengthening our board of directors; 2) Broad-basing our shareholder and capital base by raising institutional capital; and 3) Building our management team by attracting high quality and experienced banking professionals.As a result of this transformational journey, which started in 2010, we believe that our Bank now has: 1. a quality management team and a pool of talented and dedicated employees; 2. a strong operating platform built on the foundation of the above pillars; 3. a significantly larger new customer base as well as expanded and stronger relationships with existing customers;4. a comprehensive product suite and an enhanced customer experience;5. a multi-channel distribution network including new branches, ATMs and mobile and internet platforms;6. a robust modern technology infrastructure; and 7. a new brand identity, “RBL Bank”, backed by strong marketing and communication plans.
Lead Managers :
- Axis Capital Ltd.
- Citigroup Global Markets India Pvt Ltd.
- HDFC Bank Ltd.
- ICICI Securities Ltd
- IDFC Securities Ltd.
- IIFL Holdings Ltd.
- Kotak Mahindra Capital Co Ltd
- Morgan Stanley India Co Pvt Ltd
- SBI Capital Markets Ltd
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