RBL Bank has received approval for issue of debt securities on private placement basis, from time to time, upto an amount of Rs 3,000 crore to fund the lender's business growth. The fund raising will be subject to the approval of the shareholders. The board of director at their meeting held on August 22, 2022 has approved 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.
