Credit rating agency -- ICRA has reaffirmed the rating for various programmes of RBL Bank. The rating for Basel III Compliant Tier II Bond Programme has been reaffirmed at AA- (hyb) (stable) and the ratings for Medium Term Fixed Deposits reaffirmed at MAA (stable). The short term rating for Certificate of Deposit Programme and Short Term Fixed Deposit Programme has been reaffirmed at A1+.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.
