VISHWAVIR AHUJA, MD & CEO, RBL Bank says the objective of roping in Baring PE Asia, Asia's largest private equity firm, is to make the bank growth ready as opportunities open. In an exclusive chat with Hamsini Karthik, he explained that the bank’s asset quality and deposit growth are very satisfactory. Edited excerpts:
RBL Bank had two successful rounds of capital raise in a year. What is the reason for this capital raise?
The bank wants to build its capital buffer. Our capital adequacy goes up from 16.50 per cent to 18.7 per cent with the investments from Baring PE