Disclosure:I am market making in RBL Bank (formerly Ratnakar Bank)
The bank has put in a good performance in the last 6 months as shown in the table below:
Criteria | As On 31 March,2013 | As On 31 Dec,2013 | Gain |
Branches | 125 | 149 | 19.20% |
ATMs | 184 | 292 | 58.70% |
Advances(Crores) | 6376 | 8287 | 29.97% |
Deposits(Crores) | 8341 | 9743 | 16.81% |
RBL Bank is planning to issue 2.56 Crore Shares @ 135 Rs/Share on a preferential basis to the following investors:
- Asia Capital Financial Opportunities Pte. Ltd.
- CDC Group,UK
- Gaja Trustee Company Pvt. Ltd.
- GPE (India) Ltd.
- International Finance Corporation
- MCap India Fund Ltd.
- Multiples Private Equity Fund
- Multiples Private Equity Fund I Limited
- Norwest Venture Partners X FII-Mauritius
An EGM has been called on March 24,2014 in this regard.