Mumbai, fondly referred to as ?Bombay? by many, is not only the capital city of the Indian state of Maharashtra but is also the financial and commercial capital of the country. It lies on the Konkan coast, along the western border of India. It is probably the most populous city in India and serves as a home to the wealthiest Indians. Mumbai hosts the highest number of billionaires and millionaires amongst all the prime Indian cities. Being an economic hub, the city promises a plethora of opportunities in terms of employment, and thus it is a much-coveted destination for job-seekers from all over the nation. The Indian film industry, popularly known as ?Bollywood?, operates out of Mumbai. Mumbai also serves as a popular tourist destination as its outskirts provide all travelers with a magnificent combination of serene beaches, exotic hill stations on the Western Ghats. The tropical climate of Mumbai has a harmonious blend of warm, chilly and rainy days. The infamous Mumbai rain floods the city every year but doesn?t dampen the quintessential energetic spirit of the city. This Indian city nurtures the passion of dedicated learners and workers; it is often considered as the city that never sleeps.
RBL is a scheduled commercial bank, based in the Mumbai region of Maharashtra, India. It was founded in August 1943. The bank has a gross business size of around Rs. 0.64 million Cr. The RBL bank provides banking services categorized into five sectors: Retail Banking, Commercial Banking, Corporate & Institutional Banking, Agri & Development Banking and Financial Markets. Ratnakar Bank was a bank in Maharashtra with two of its branches in Kolhapur and Sangli in August 1943. In the Kolhapur-Sangli belt, it used to serve to the small and medium business merchants. In August 1959, the Bank was recognized as a "Scheduled Commercial Bank" under the Reserve Bank of India Act, 1934. RBL Bank was also known as NH4 Bank since most of its occupation was limited to the cities in the 1,235-km National Highway 4 that connected four of the ten most dense cities in India. In the 2010s, RBL Bank has allegedly raised Rs 4,000 Cr, from investors. In 2011, the Bank raised Rs. 700 Cr, Rs 376 Cr, in 2014 Rs. 328 Cr. and in 2016 Rs.488 Cr. RBL Bank raised Rs 330 Crores from the UK-based development finance institution, CDC Group Plc (CDC), through Basel III compliant Tier II capital, in September 2016. In July 2017, RBL Bank got the board approval to raise Rs 1680 Cr.