RBL Bank

RBL Bank, formerly The Ratnakar Bank Ltd., is an Indian bank, RBL Bank Limited, that publishes the Business Current Account and the Business Plus Current Account in an official table of benefits. It also provides escrow banking for commercial and financial deals.

Business accounts

The official benefits document lists both current accounts, gives a direct customer support channel and states the bank's registration details, including the corporate identity number U65191PN1943PLC007308.

Escrow banking

RBL offers tailored escrow solutions with a dedicated operations team. Named areas are M&A, commercial agreements, real estate, capital markets, co-lending and trust-and-retention structures. In the listed scope the services are escrow banking, capital markets escrow, business and commercial escrow, and co-lending escrow.

Who it suits

Indian companies that need an operating current account, and parties to transactions that need a bank to hold funds under an agreement, for example in an acquisition or a joint lending arrangement. Account charges, eligibility and escrow fees are not given in full and should be requested from the bank.