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IPO review: RBL an interesting transformation to invest

From a base of Rs 4,132 crore in FY12, the bank's loan book has grown to Rs 21,229 crore in FY16

Hamsini Karthik  |  Mumbai 

Financials have been the flavour in this season of initial public offerings (IPOs) and that of RBL Bank (RBL) may not be very different. But, apart from the IPO-related clamour, RBL’s offering provides an interesting proposition for investors.

The most appealing feature of the Kolhapur-based private bank is its transformation process. Even as it commenced its operations in 1943, its growth and the makeover story was etched in the past six years, led by the takeover of RBL by its current management. From a base of Rs 4,132 crore in FY12, its loan book has grown to Rs 21,229 crore in ...

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First Published: Tue, August 16 2016. 22:44 IST