RBL Bank share price skyrockets eight times in three years

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RBL Bank IPO
RBL Bank IPO

Shares of RBL Bank (formerly Ratnakar Bank) have delivered multibagger returns with the stock price multiplying by a whopping eight-times already in just three years. RBL Bank share price today now is going up regularly. See BSE/NSE for latest share price https://www.bseindia.com/stock-share-price/rbl-bank-ltd/rblbank/540065/

The share stock price crossed Rs 400 in November 2016. The stock was sold from Rs 50 since past three years in pre-IPO unlisted market by us. The stock price saw steady upmove due to buying demand from HNIs and institution. For more such multibagger opportunities, please call on 8108303330 . Among pre-IPO unlisted shares of private sector banks, shares of Tamilnad Mercantile Bank (TMB) and Catholic Syrian Bank (CSB) are available. For buying unlisted shares please visit https://buysellunlistedshares.com/

Shares of RBL Bank had settled at Rs 300, over the initial public offer (IPO) price of Rs 225, on its debut in August 2016. The IPO had received strong response from investors. The issue was subscribed 69.62 times. RBL Bank is listed on both NSE and BSE (RBLBANK).

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Agri Business Banking, Development Banking and Financial Inclusion, Treasury and Financial Markets Operations. It currently services over 6.9 million customers through a network of 332 Branches, 1,013 Business Correspondent Branches (of which 228 banking outlets) and 376 ATMs spread across 23 Indian States and Union Territories.

Board of Directors

Mr. Prakash Chandra is on the Board of the Bank since January 25, 2016.

Mr. Vishwavir Ahuja is the MD & CEO of RBL Bank and is a seasoned banker with close to 36 years of industry experience.

Mr. Rajeev Ahuja is the Executive Director of RBL Bank and has over 30 years of experience in the financial services industry.

Mr. Dhanushkodi Sivanandhan is on the Board of the Bank since December 18, 2012.

Mr. Ishan Raina is on the Board of the Bank since April 30, 2016.

Mr. Jairaj Purandare is on the Board of the Bank since September 16, 2011.

Mr. Palepu Sudhir Rao is on the Board of the Bank since January 30, 2012.

Mr. Vijay Mahajan is Director on the Board of the Bank since April 27, 2018.

 

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