Business Today

In A Sweet Spot

RBL Bank is following a partnership model to scale up in smaller geographies.

Starting its journey 400 km away from India's financial capital, Kolhapur based RBL Bank is now giving established banks a run for their money. Its credit card portfolio is among the fastest growing in the industry, having increased 2.6 times in the last one year with a 1.47 million cards now.

The bank has turned the turmoil in the NBFC space post the IL&FS fiasco to its advantage. RBL Bank now has one of the fastest growing housing loan portfolios as well its loan against property (LAP) portfolio was up 49 per cent in the December quarter, beating the

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