RBL Bank is planning to raise funds through the issue of debt securities (including Non- Convertible Debentures) on private placement basis subject to the approval of the Members of the Bank at the ensuing Annual General Meeting of the Bank, pursuant to Section 42 and other applicable provisions of the Companies Act, 2013 and applicable SEBI Listing Regulations. A meeting of the Board of Directors of RBL Bank is scheduled to be held on August 22, 2022 to consider the same.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.
