RBL Bank Plans to Launch IPO in Three Quarters

New Delhi: RBL Bank, formerly known as Ratnakar Bank, plans to raise funds through an initial public offering (IPO) which will hit the market in the next 8-9 months. "We are preparing ourselves for the IPO and it may hit market in 8-9 months. It would not happen this fiscal but next calender year," RBL Bank managing director Vishwavir Ahuja told PTI. The quantum of offer has not been finalised by the bank's, he said, adding t...