Subscribe to RBL Bank IPO: GEPL CapitalRBL bank ltd. Is the Indian bank head quartered at Maharashtra. RBL bank is incorporated in the 1932 as regional bank in Maharashtra. L Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers. Now the company has shown the strong growth and has wide spread network. As of March 31, 2015, RBL had 183 branches and 348 ATMs spread across 13 Indian states serving over1.3 million customers. RBL's business segments consist of corporate and institutional banking, commercial banking, branch and business banking, agribusiness banking, development banking and financial inclusion and treasury and financial markets operations.RBL Ltd is available at the IPO price band of ‘224 to ’225 which is available at 28 P/E multiple. Webelieve that this valuation looks cheaper. So we recommend Subscribe to this IPO.
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