RBL Bank’s board has accorded its approval to raise or borrow monies by issue of USD denominated unsecured Tier II subordinated notes aggregating up to $100 million, to identified investors. The board of directors of the bank, at its meeting held on April 29, 2022 has accorded its approval for the same.
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.
