When was RBL Bank founded?

RBL Bank was founded in 1943 and raised its 1st funding round 64 years after it was founded.

Where is RBL Bank located?

RBL Bank is headquartered in Mumbai, India. It is registered at SHAHUPURI,KOLHAPUR, KOLHAPUR, Maharashtra, India, 416001.

Which legal entities is RBL Bank associated with?

RBL Bank is associated with RBL and 2 others.

How many employees does RBL Bank have?

As of Jun 30, 2026, the latest employee count at RBL Bank is 15997.

Is RBL Bank a funded company?

RBL Bank is a funded company, having raised a total of $121M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 25, 2007.

How much is RBL Bank worth?

The last known valuation of RBL Bank was $***** as of Oct 18, 2025.

When was the latest funding round of RBL Bank?

RBL Bank's latest funding was a $***** Post IPO round on Aug 20, 2020, with participation from 4 investors.

What is the annual revenue of RBL Bank?

Annual revenue of RBL Bank is more than ₹1,000 Cr as on Mar 31, 2024

Where does RBL Bank rank among its competitors?

RBL Bank ranks 18th amongst 246 active competitors, none of which are funded.

Who are the top competitors of RBL Bank?

RBL Bank's top competitors include Bank of America, IDBI Bank and Scotiabank. Among them, Bank of America secured the most recent funding round in April, 2025.

RBL Bank - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is RBL Bank an acquired company?

RBL Bank got acquired by Emirates NBD on Oct 18, 2025.

RBL Bank is an acquired company based in Mumbai (India), founded in 1943 by Veena Vikas Mankar. It operates as a Commercial bank. RBL Bank has raised $121M in funding from investors like State Bank of Mauritius, ACA and British International Investment, with last known valuation of $*****. The company has 246 active competitors, including 41 that have exited. Its top competitors include companies like Bank of America, IDBI Bank and Scotiabank.

Company Details

Commercial bank. It offers a range of personal and business banking products and services, include secure online banking services, credit cards, loans, and other financial solutions to its customers. It also provides various online platforms and mobile applications to facilitate convenient banking and financial management.

Website: rblbank.com
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Registered Address: SHAHUPURI,KOLHAPUR, KOLHAPUR, Maharashtra, India, 416001

Key Metrics

Founded Year

1943

Location

Mumbai, India

Stage

Acquired

Total Funding

$121M in 8 rounds

Latest Funding Round

Post IPO, Aug 20, 2020, $*****

Last Known Valuation

$***** as on Oct 18, 2025

Investors

State Bank of Mauritius & 43 more

Ranked

18^th among 246 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2024

Employee Count

15,997 as on Jun 30, 2026

Investment & Acquisitions

ONDC & 12 more

Similar Companies

BMO & 19928 more

Exit Details

Acquired by Emirates NBD (Oct 18, 2025)

View RBL Bank's full profile

RBL Bank is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
REDSKY ONLINE SERVICES PRIVATE LIMITED CIN: U74999MH2015PTC261253 , India, Strike off	Jan 22, 2015	0 - ₹10 Cr (As on Mar 31, 2017)	-
RBL BANK LIMITED CIN: L65191PN1943PLC007308 , India, Active	Jun 14, 1943	₹1,000+ Cr (As on Mar 31, 2024)	12202 (As on Mar 31, 2024)
RBL CIN: 40103338442 , Latvia, Active	Oct 28, 2010	€0 - €1M (As on Dec 31, 2025)	2 (As on Dec 31, 2023)	-

RBL Bank got acquired by Emirates NBD on Oct 18, 2025 at an acquisition amount of $*****.

Click here to take a look at RBL Bank's acquisition in detail

RBL Bank has raised a total funding of $121M over 8 rounds. Its first funding round was on Dec 25, 2007. Its latest funding round was a Post IPO round on Aug 20, 2020 for $*****. 4 investors participated in its latest round. RBL Bank has 43 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of RBL Bank:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2020	3810509	Post IPO	3566792	7696463	9915460	9308318
Dec 05, 2019	6761249	Post IPO	2792868	1445635	9303223	Bajaj Finserv & 3 more
Aug 15, 2017	3060207	Post IPO	4085864	2175262	6773242	Multiples Alternate Asset Management & 9 more

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View details of RBL Bank's funding rounds and investors

The founders of RBL Bank is Veena Vikas Mankar.

Here are the details of RBL Bank's key team members:

Veena Vikas Mankar: Co-Founder & Director of RBL Bank.
Contact Info: 1 email address

View details of RBL Bank's Founder profiles and Board Members

RBL Bank's employee count trend

RBL Bank has 15,997 employees as of Jun 26. Here is RBL Bank's employee count trend over the years:

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Top competitors of RBL Bank include Bank of America, IDBI Bank and Scotiabank. Here is the list of Top 10 competitors of RBL Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
2nd	IDBI Bank 1964, Mumbai (India), Acquired	Bank focused on providing home, auto, education & property loans	-	SBI, Indian Bank & 5 others	76/100
3rd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
4th	SVB 1983, Santa Clara (United States), Acquired	Provider of services to the innovation economy, including individuals, investors, and innovative companies	-	Tigerlabs, Madica	73/100
5th	Federal Bank 1931, Kochi (India), Public	Private sector bank	-	ChrysCapital, India Capital Growth & 4 others	72/100
6th	IndusInd Bank 1994, Pune (India), Public	Provider of personal and business banking products and services	-	India Capital Growth, Life Insurance Corporation of India ... & 4 others	72/100
7th	Citi 1812, New York City (United States), Public	Commercial bank	-	ngn-capital.com, British International Investment ... & 3 others	71/100
8th	Axis Bank 1993, Mumbai (India), Late Stage	Provider of a commercial banking services	-	Kotak Mahindra Bank, Fidelity Investments ... & 17 others	70/100
9th	DCB Bank 1930, Mumbai (India), Public	Commercial bank	-	Apax, ICICI Venture & 8 others	70/100
10th	Punjab National Bank 1894, Delhi (India), Public	Provider of commercial bank services	-	Societe Generale, Life Insurance Corporation of India ... Read more	69/100
18th	RBL Bank 1943, Mumbai (India), Acquired	Commercial bank	$121M	ChrysCapital, ABG Capital & 42 others	64/100

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RBL Bank has made 12 investments in companies including ONDC and Seeds Fincap. RBL Bank has also acquired 1 companies including Swadhaar FinServe.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 13, 2023	Investments	ONDC	2021	Delhi (India)
Aug 06, 2022	Investments	Seeds Fincap	2019	Gurugram (India)
Mar 23, 2022	Investments	Stanza Living	2017	Gurugram (India)