Business Standard

The inside story of RBL Bank

This is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth. The leader had to retire hurt

The inside story of RBL Bank
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Tamal Bandyopadhyay
Spring/summer 2020 brought a new phrase to the fashion vocabulary: Midriff flossing. The trend caught on in 2021.

That’s in the world of fashion. In the world of banking too, some banks flaunt their midriffs. But

RBL Bank Ltd can’t since it doesn’t have one. That’s a structural problem for the 78-year-old bank, which has seen phenomenal growth in the past 11 years ever since Vishwavir Ahuja, a former Bank of America boss in India, took over its management.

Midriff is the mid-region of the human torso between the chest and the waist. Ahuja brought with him his big-ticket corporate connections. If that
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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