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RBL Bank
3.6
based on 2.9k Reviews
Video summary
Company Overview
Company Locations
Working at RBL Bank
Company Summary
This rapidly growing private bank in India provides a wide range of banking services through an extensive branch and ATM network across the country.
Overall Rating
3.6/5
based on 2.9k reviews
5% below
industry average
Critically rated for
Promotions, Work satisfaction
Work Policy
Work from office
85% employees reported
Monday to Saturday
41% employees reported
Strict timing
55% 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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View in video summary
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 2.9k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
1.2k
4
659
3
417
2
202
1
434
Category Ratings
3.5
Job security
3.5
Work-life balance
3.4
Company culture
3.4
Salary
3.4
Skill development
3.3
Work satisfaction
3.2
Promotions
RBL Bank is rated 3.6 out of 5 stars on AmbitionBox, based on 2.9k 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 2.8k reviews
3.4
Rated by 621 Women
Rated 3.4 for Job security and 3.2 for Work-life balance
3.7
Rated by 2.2k Men
Rated 3.6 for Work-life balance and 3.6 for Job security
Work Policy at RBL Bank
based on 441 reviews in last 6 months
Work from office
85%
Hybrid
9%
Permanent work from home
6%
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 | 3.6/5 based on 2.9k reviews | 4.0/5 based on 38k reviews | 3.9/5 based on 39.3k reviews | 3.8/5 based on 25.3k 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 | Promotions Work satisfaction | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 85% employees reported | Work from office 92% employees reported | Work from office 84% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.4 Average rated by 621 women | 3.9 Good rated by 10k women | 3.7 Good rated by 8.2k women | 3.6 Good rated by 5.4k women |
Rating by Men Employees | 3.7 Good rated by 2.2k men | 4.0 Good rated by 26.2k men | 3.9 Good rated by 29.1k men | 3.8 Good rated by 18.7k men |
Job security | 3.5 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
RBL Bank Salaries
RBL Bank salaries have received with an average score of 3.4 out of 5 by 2.9k employees.
Deputy Manager
(1.5k salaries)
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₹2.6 L/yr - ₹8 L/yr
Relationship Manager
(1.1k salaries)
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₹1.7 L/yr - ₹7.8 L/yr
Assistant Vice President
(395 salaries)
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₹10.2 L/yr - ₹30.7 L/yr
Branch Manager
(314 salaries)
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₹7.4 L/yr - ₹28.5 L/yr
Deputy Vice President
(291 salaries)
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₹15 L/yr - ₹37 L/yr
Service Delivery Ambassador
(248 salaries)
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₹1.8 L/yr - ₹5.5 L/yr
Brach Operation Manager
(227 salaries)
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₹3.7 L/yr - ₹12 L/yr
MIS Executive
(202 salaries)
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₹1.6 L/yr - ₹4.2 L/yr
Service Delivery Manager
(199 salaries)
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₹2.9 L/yr - ₹12 L/yr
Credit Officer
(170 salaries)
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₹1.4 L/yr - ₹4.4 L/yr
RBL Bank Interview Questions
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Top RBL Bank interview questions and answers
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RBL Bank Jobs
Popular Designations RBL Bank Hires for
Current Openings
RBL Bank News
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RBL Bank Share Price Target 2025, 2027, 2030, 2035
- RBL Bank was founded in 1943 by Babgonda Bhuijgonda in Kolhapur, Maharashtra, initially focusing on SMEs but has since grown significantly, with 324 branches and 341 ATMs across India.
- Headquartered in Mumbai, RBL Bank's current MD & CEO is R Subramania Kumar, who previously served as DHFL's administrator under RBI.
- The RBL Bank Share Price Target for 2025 is predicted to range between ₹248.03 and ₹428.68, depending on growth and market performance.
- Future projections for RBL Bank's share price show estimates ranging from ₹338.90 to ₹899.87 for the period 2026 to 2030.
- RBL Bank's competitors in the market include HDFC Bank, Kotak Mahindra Bank, IDBI Bank, Federal Bank, and Bandhan Bank.
- As of March 2024, RBL Bank's stock has seen fluctuations, but with improving NPAs and financial stability, investors are hopeful for future growth.
- The RBL Bank Shareholding Pattern includes promoters at 63.71%, FIIs at 7.74%, DIIs at 9.77%, and retail & others at 17.36%.
- Potential target prices for RBL Bank shares up to 2050 indicate long-term growth projections reaching ₹2,904.08 by that year.
- Investors should remain informed about market trends and forecasts to make well-informed decisions regarding investments in RBL Bank shares.
- Stock market predictions are subject to change, so seeking expert advice before investing is recommended to mitigate risks associated with market volatility.
VIE Stories | 18 Feb, 2025
Stocks that will see action today: February 14, 2025
- Aurobindo Pharma's subsidiary, CuraTeQ Biologics, has received marketing authorization in the EU for filgrastim biosimilar, Zefylti.
- Ugro Capital raises ₹260 crore from FMO to support women's empowerment, address territorial inequalities, and foster youth empowerment.
- RBL Bank's CEO, R Subramaniakumar, receives RBI approval for re-appointment for three years.
- TVS Motor Company acquires additional shares of TVS Supply Chain Solutions in a ₹107 crore open market transaction.
HinduBusinessLine | 14 Feb, 2025
Zeta Nets $50 Mn From Optum, Valuation Jumps To $2Bn
- Bengaluru-based banking tech unicorn Zeta has raised $50 Mn in a funding round from Optum.
- The funding round has valued Zeta at $2 Bn.
- Zeta offers an omni-stack platform for financial institutions and serves clients like RBL Bank, IDFC First Bank, and Kotak Mahindra Bank.
- In the financial year 2022-23, Zeta reported a profit after tax of INR 21.94 Cr and a revenue of INR 816.20 Cr.
Inc42 | 11 Feb, 2025
Bank deposits just got more lucrative for the elderly
- Some banks offer higher interest payouts to super senior citizens.
- Public sector banks and RBL Bank offer special tenor deposits with interest rates exceeding 8% for those aged 80 and above.
- Deposits for super senior citizens range from 8% to 8.75% with tenors ranging from 400 to 500 days.
- These special deposits offer rates better than what most AAA-rated non-banking financial companies offer.
HinduBusinessLine | 25 Jan, 2025
Six Stocks In News At Noon: Wipro, Kalyan Jewellers, Indian Hotels And More
- Indian Hotels share price declined 4.26% despite exceeding Q3 estimates.
- Kalyan Jewellers India Ltd. shares surged over 9.3% after clarification on investments.
- RBL Bank share price dropped nearly 6% after weaker-than-expected Q3 results.
- Wipro share price surged over 8% after Q3 revenue and profit rise.
Bloomberg Quint | 20 Jan, 2025
Analysts Cut Earnings Estimate For RBL Bank Post Weaker-Than-Expected Q3 Results
- Nirmal Bang Institutional Equities has lowered its profit estimates for RBL Bank by 39.6% for the current financial year, 20.4% for 2025-26 and 11.7% for 2026-27.
- Most brokerages have cut their earnings estimate for RBL Bank after weaker than expected results for the quarter ended December.
- Emkay Global Financial Services has cut its earnings estimate for the bank and reduced its target price on the stock.
- Motilal Oswal Financial Services also reduced its earnings per share estimates and maintained a 'neutral' rating on the stock.
Bloomberg Quint | 20 Jan, 2025
Tech Mahindra, Wipro, Kotak Mahindra Bank Shares React Post Q3 Results — Check Here
- Wipro shares saw an 8% gain after its net profit rose by 4.6% to Rs 3,354 crore.
- Tech Mahindra reported a 21.4% fall in profit to Rs 983 crore, causing a negative opening for the stock.
- Kotak Mahindra Bank's profit rose over 10% to Rs 3,305 crore, leading to an 8% rise in the stock.
- RBL Bank shares fell over 5% due to weaker than expected results for the quarter ended December.
Bloomberg Quint | 20 Jan, 2025
RBL Bank Q3 Results Review — Nirmal Bang Downgrades The Stock To 'Sell'; Here's Why
- RBL Bank stock will continue to see pressure in the near-to-medium term due to its two major verticals microfinance, credit cards seeing moderation in growth, asset quality stress, says Nirmal Bang.
- RBL Bank's Q3 FY25 PAT was much below the brokerage / consensus estimates by 84.9% / 81.7% respectively due to deterioration in asset quality and sharp increase in provisions.
- Nirmal Bang downgrades the RBL Bank stock to 'Sell' due to the reasons mentioned above.
- RBL Bank's performance in Q3 FY25 fell below expectations, leading to a downgrade in stock rating to 'Sell' by Nirmal Bang.
Bloomberg Quint | 20 Jan, 2025
RBL Bank Q3 Results Review — Weak Quarter With Sharp Rise In Stress; Dolat Capital Maintains 'Add'; Revises TP
- RBL Bank reported negligible profit after tax (loss at PBT level) led by a sharp rise in credit costs (5.3%) despite higher one-off trading gains and favorable tax order of Rs 1.5 billion.
- Dolat Capital maintains an 'Add' rating on RBL Bank despite concerns over RoAs and newer portfolio seasoning.
- RBL Bank has shown healthy growth metrics, a granular liability profile, and increased focus on secured retail products.
- The brokerages' 'Accumulate' stance is driven by undemanding valuations but concerns regarding non-commensurate RoAs and risks.
Bloomberg Quint | 19 Jan, 2025
RBL Bank Q3 PAT tanks 86 per cent as asset quality worsens, provisions rise
- RBL Bank Q3 PAT tanks 86% as asset quality worsens, provisions rise
- Fresh slippages in Q3 stood at ₹1,309 crore, with majority from micro loans and credit cards.
- Provisions rose to ₹1,189 crore, with ₹414 crore specifically for joint liability group microfinance loans.
- Net advances grew 13% y-o-y to ₹90,412 crore, while deposits rose 15% y-o-y to ₹1.06 lakh crore.
HinduBusinessLine | 18 Jan, 2025
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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 2,900+ employee reviews on AmbitionBox. 64% employees rated RBL Bank 4 or above, while 36% 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. 36% employees rated RBL Bank 3 or below, while 64% 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 and work satisfaction, based on 2,900+ employee reviews on AmbitionBox.
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