Question: RBL Bank founded in which year?
a) 1943
b) 1939
c) 1956
d) None of these
Ans : a
Related Facts :
- RBL Bank informed exchanges that the Reserve Bank of India has approved the appointment of Rajeev Ahuja as the interim Managing Director and CEO on Thursday( December 23 ,2021)
- The tenure for such appointment is for a period of three months with effect from December 25, 2021 or till the appointment of a regular MD & CEO,
- RBL Bank, which had seen a pressure on deposits after the RBI action on Yes Bank in 2020, has excess liquidity of over ₹ 15,000 crore and also many lines of liquidity, Mr Rajeev Ahuja said.
- Hight light points:
- RBL Bank, formerly known as Ratnakar Bank, is an Indian private sector bank headquartered in Mumbai and founded in 1943.
- In August 6, 1943, Ratnakar Bank was founded as a regional bank in Maharashtra with two branches in Kolhapur and Sangli founded by Babgonda Bhujgonda Patil from Sangli & Gangappa Siddappa Chougule from Kolhapur.
- It mainly served small and medium enterprises (SMEs) and business merchants in the Kolhapur-Sangli belt.
- It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations.
By Pawan Mishra
Links:
https://www.ndtv.com/business/rbl-bank-interim-chief-says-fundamentals-are-intact-2672577