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RBL Bank
3.7
based on 2.8k Reviews
Company Overview
Company Locations
Working at RBL Bank
Company Summary
Overall Rating
3.7/5
based on 2.8k reviews
4% below
industry average
Critically rated for
Promotions/Appraisal, Work Satisfaction, Company Culture
Work Policy
Work from office
85% employees reported
Monday to Saturday
41% employees reported
Strict timing
54% employees reported
Within city
46% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
125 employees reported
Job/Soft skill training
119 employees reported
Cafeteria
31 employees reported
Office cab/shuttle
21 employees reported
View all benefits
About RBL Bank
Founded in1943 (82 yrs old)
India Employee Count10k-50k
Global Employee Count--
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websiterblbank.com
Primary Industry
Other Industries
--
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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.
Mission: CUSTOMERS AT THE HEART
To engage and understand customer needs, provide best-in-class products & services, be responsive and quick in resolving queries - resulting in true customer delight & peace of mind.
EMPLOYEES AS THE PILLAR
To provide an enabling work culture, where career aspirations can be realized through consistent performance and demonstration of the bank’s core values & beliefs.
COMMUNITY AS THE CAUSE
To deliver robust and cost-effective banking services that promote financial inclusion, catalyse growth and reduce social inequalities.
SHAREHOLDER VALUE AS THE FOCUS
To demonstrate high corporate governance standards that protects and balances stakeholder interests in the journey to achieving short and long term business goals.
Vision: To Be a 'Bank of Choice' by creating and nurturing enduring relationships through trust and respect of our customers, employees and partners.
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RBL Bank Ratings
based on 2.8k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
1.2k
4
634
3
396
2
184
1
413
Category Ratings
3.6
Job Security
3.5
Work-Life Balance
3.4
Salary & Benefits
3.4
Skill Development
3.4
Company Culture
3.4
Work Satisfaction
3.2
Promotions/Appraisal
RBL Bank is rated 3.7 out of 5 stars on AmbitionBox, based on 2.8k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at RBL Bank
based on 2.7k reviews
3.4
Rated by 591 Women
Rated 3.5 for Job Security and 3.3 for Skill Development
3.7
Rated by 2.1k Men
Rated 3.6 for Work-Life Balance and 3.6 for Job Security
Work Policy at RBL Bank
based on 343 reviews in last 6 months
Work from office
85%
Hybrid
10%
Permanent work from home
5%
RBL Bank Reviews
Top mentions in RBL Bank Reviews
+ 5 more
Compare RBL Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 2.8k reviews | 4.0/5 based on 37k reviews | 3.9/5 based on 38k reviews | 3.8/5 based on 24.5k reviews |
Highly Rated for | No highly rated category | Job Security Skill development Company culture | Job Security Skill development | No highly rated category |
Critically Rated for | Promotion/Appraisals Company culture Work Satisfaction | No critically rated category | Promotion/Appraisals | Promotion/Appraisals |
Primary Work Policy | Work from office 85% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.4 Average rated by 591 women | 3.9 Good rated by 9.7k women | 3.7 Good rated by 7.8k women | 3.7 Good rated by 5.3k women |
Rating by Men Employees | 3.7 Good rated by 2.1k men | 4.0 Good rated by 25.5k men | 3.9 Good rated by 28.2k men | 3.8 Good rated by 18.1k men |
Job Security | 3.6 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
RBL Bank Salaries
3.4
rated by 2.8k employees for salariesDeputy Manager
(1.5k salaries)
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₹2.6 L/yr - ₹8 L/yr
Relationship Manager
(1k salaries)
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₹1.7 L/yr - ₹7.5 L/yr
Assistant Vice President
(412 salaries)
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₹10 L/yr - ₹26.6 L/yr
Branch Manager
(301 salaries)
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₹7.3 L/yr - ₹28.5 L/yr
Deputy Vice President
(292 salaries)
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₹14 L/yr - ₹38 L/yr
Service Delivery Ambassador
(242 salaries)
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₹1.8 L/yr - ₹6 L/yr
Brach Operation Manager
(224 salaries)
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₹3.6 L/yr - ₹12 L/yr
Service Delivery Manager
(194 salaries)
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₹2.9 L/yr - ₹12 L/yr
MIS Executive
(181 salaries)
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₹1.3 L/yr - ₹4 L/yr
Credit Officer
(179 salaries)
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₹1.4 L/yr - ₹4.4 L/yr
RBL Bank Interview Questions
Interview questions by designation
Top RBL Bank interview questions and answers
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Interview Process at RBL Bank
based on 43 interviews in last 1 year
Interview Experience
4.2
Good
Difficulty level
Easy
29%
Moderate
71%
People are getting interviews through
based on 119 RBL Bank interviews
Job Portal
24%
Referral
23%
Walkin
16%
Company Website
7%
*30% candidates got the interview through other sources
High confidence
RBL Bank Jobs
RBL Bank News
View all
RBL Bank Q3 Results: Date, Time, Earnings Schedule And More Details
- RBL Bank will declare its Q3 results on Jan. 18 following a meeting of its board of directors.
- RBL Bank's total market capitalisation stands at nearly Rs 9,500 crore.
- The trading window for dealing in the shares of RBL Bank will remain closed till Jan. 21.
- In Q2, RBL Bank reported a 24% year-on-year decline in net profit to Rs 223 crore.
Bloomberg Quint | 16 Jan, 2025
RBL Bank's Loan Portfolio May Be Weighing Growth
- RBL Bank's exposure to the unsecured portfolio is on the higher side, leading to a deterioration in asset quality.
- Slippages in credit cards and microfinance business have impacted profitability.
- The bank has lowered its loan growth guidance to 15% due to challenges in growth, asset quality, and net interest margins.
- The stock price of RBL Bank has fallen nearly 40% in the current fiscal year.
Bloomberg Quint | 16 Jan, 2025
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Q3 Results Calendar: Infosys, RIL, LTIMindtree, Axis Bank Among Firms To Release Earnings Report This Week
- Q3 FY25 earnings season is in full swing as more than 100 companies are expected to release their financial statements for the December 2024 quarter.
- Some of the big names that will declare their Q3 results this week include Infosys, RIL (Reliance Industries), LTI Mindtree, Axis Bank, and Tech Mahindra.
- Other notable companies releasing their Q3 earnings this week are L&T Technology Services, RBL Bank, Mastek, and Tech Mahindra.
- The Q3 results calendar includes various companies releasing their financial reports from January 14th to January 18th.
Bloomberg Quint | 14 Jan, 2025
Banks’ earnings to be under pressure in Q3 on asset quality, growth concerns
- Q3FY25 has been a tough quarter for banks with higher credit cost, decelerating loan growth, shortage of deposits, moderate pressure on net interest margin (NIM), and lower trading gains.
- Asset quality remains a major concern, particularly for microfinance loans (MFI) and unsecured loans. HDFC, ICICI, Federal, and state banks are expected to face less stress, while MFI lenders would experience a sharp deterioration.
- Lenders with exposure to unsecured retail and MFI segments, such as Bandhan Bank, IndusInd Bank, and RBL Bank, are likely to face asset quality stress.
- Systemic credit growth has declined to 11.5% from the recent high of 16%, primarily due to a slowdown in unsecured retail and demand moderation in certain other secured segments. Low deposit growth and competition for deposits remain challenges for banks.
HinduBusinessLine | 5 Jan, 2025
Mid-sized bank stocks tank in 2024 on asset quality, profitability concerns
- Shares of mid-sized lenders like IndusInd Bank, IDFC First Bank, Bandhan Bank, Kotak Mahindra Bank, and RBL Bank have performed poorly in 2024 due to stress in the MFI sector and its impact on asset quality.
- Concerns about unsecured loans may affect these banks' profitability in the future.
- Certain mid-sized banks have experienced a deceleration in credit growth momentum, while Opex ratios remain higher.
- Public sector banks (PSBs) are holding up well in terms of earnings, but cyclical concerns in lower economic growth may require them to monitor credit costs in SME and MSME segments.
HinduBusinessLine | 28 Dec, 2024
RBL Bank Raises Rs 163 Crore From Sale Of Stake In DAM Capital Advisors IPO
- RBL Bank has raised Rs 163 crore by selling its stake in DAM Capital Advisors IPO.
- RBL Bank sold 57.71 lakh shares at Rs 283 apiece, marking its complete exit from DAM Capital.
- Analysts have revised RBL Bank's price target due to credit cost concerns.
- RBL Bank's stock closed 0.55% lower at Rs 162.41 per share.
Bloomberg Quint | 26 Dec, 2024
Stock Market Highlights 24 December 2024: Sensex, Nifty settle marginally lower; Sensex closes at 78,472, down 67 points
- Sensex ended marginally lower, down 67.30 points.
- NSE Nifty dipped 25.80 points or 0.11 per cent to settle at 23,727.65.
- Stocks like NII, BPCL, and GREAVES COTTON gained on the NSE.
- The IPO of engineering solutions company Unimech Aerospace and Manufacturing targeted ₹500 crore at a price band of ₹745-785.
- Infibeam Avenues stock traded at ₹26 on the NSE.
- Foreign institutional investors (FIIs) sold equities worth Rs 168.71 crore on December 24.
- In November, the domestic air passenger industry registered a growth rate of 12% YoY.
- Grandules, Hindcopper, and RBLBANK were among the top gainers in the stock market.
- India's defence imports dropped by 1,100 bps to 28% in FY24,
- Poly Medicure does not expect very high punitive US tariffs on Indian medical device exports.
HinduBusinessLine | 24 Dec, 2024
RBL Bank, PNB Target Revisions By Morgan Stanley Signal Downside
- Morgan Stanley Research has revised its price targets for RBL Bank Ltd. and Punjab National Bank Ltd.
- The brokerage cut RBL Bank's target to Rs 160 from Rs 180, implying a downside of 3.54%, while PNB's target was raised to Rs 95 from Rs 85, still reflecting a downside of 7.79%.
- For RBL Bank, the brokerage trimmed earnings forecasts reflecting asset quality challenges in its credit card and micro-lending portfolios.
- PNB benefitted from strong credit growth in the September quarter.
Bloomberg Quint | 19 Dec, 2024
DAM Capital Advisors IPO: Check GMP, Day 1 Subscription Status And More
- The DAM Capital Advisors IPO has been subscribed 0.56 times on day one.
- The grey market premium for DAM Capital Advisors IPO is Rs 148, indicating a 52.3% premium to the upper end of the price band.
- The IPO consists purely of an offer for sale component, with the market value at the upper end of the price band being Rs 2,000 crore.
- The selling shareholders in the IPO include Dharmesh Anil Mehta, Multiples Alternate Asset Management Pvt., Narotam Satyanarayan Sekhsaria, RBL Bank Ltd., and Easyaccess Financial Services Ltd.
Bloomberg Quint | 19 Dec, 2024
RBL Bank Offers Highest FD Interest Rate For 500-Day Deposits
- RBL Bank has hiked its fixed deposit interest rate offering from December 15.
- The revised rates offer the highest interest rates for deposits made for 500 days.
- For deposits made for one year, RBL offers an interest rate of 6.05% for the public and 6.55% for senior citizens.
- Comparatively, Yes Bank offers the highest interest rate of 7.25% on one-year deposits.
Bloomberg Quint | 17 Dec, 2024
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RBL Bank FAQs
When was RBL Bank founded?
RBL Bank was founded in 1943. The company has been operating for 82 years primarily in the Banking sector.
Where is the RBL Bank headquarters located?
RBL Bank is headquartered in Mumbai, Maharashtra.
How many employees does RBL Bank have in India?
RBL Bank currently has more than 12,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in RBL Bank based on the number of reviews submitted on AmbitionBox.
Does RBL Bank have good work-life balance?
RBL Bank has a Work-Life Balance Rating of 3.5 out of 5 based on 2,800+ employee reviews on AmbitionBox. 65% employees rated RBL Bank 4 or above, while 35% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read RBL Bank work-life balance reviews for more details
Is RBL Bank good for career growth?
Career growth at RBL Bank is rated as moderate, with a promotions and appraisal rating of 3.2. 35% employees rated RBL Bank 3 or below, while 65% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading RBL Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in RBL Bank?
Working at RBL Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and company culture, based on 2,800+ employee reviews on AmbitionBox.
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