June 19, 2013 1:52 PM ET

Commercial Banks

Company Overview of The Ratnakar Bank Ltd.

Company Overview

The Ratnakar Bank Ltd. operates as a scheduled commercial bank in India. Its deposit products include savings accounts, current accounts, and fixed deposits. The company offers various loans, such as home loans, car loans, and loans against property to salaried individuals, and self-employed professionals and businessman; and various life and general insurance products. It also provides loans, trade finance, transaction banking, and commercial vehicle funding services to small and medium enterprises, as well as finance to the commission agents; and cash credit facilities for working capital needs, short term loans, term loans, working capital demand loans, and structured finance, as well as ...

Detailed Description

Mahavir

Shri Shahu Market Yard

Kolhapur,  416005

India

Founded in 1943

Phone:

91 23 1265 0981

Fax:

91 23 1265 7386

www.ratnakarbank.co.in

Key Executives for The Ratnakar Bank Ltd.

Managing Director
Age: 52
Founder
Founder
Chief Financial Officer
Chief Operations Officer
Compensation as of Fiscal Year 2012.

The Ratnakar Bank Ltd. Key Developments

Ratnakar Bank Mulls IPO
May 14 13

The Ratnakar Bank Ltd. is seeking to launch its initial public offering (IPO) in 2014.

Ratnakar Bank Enters Andhra Pradesh
Mar 2 13

Ratnakar Bank entered Andhra Pradesh, as part of is plans to develop a pan-India network by next fiscal. The bank intends to expand its network of branches from the current 123 to about 175 by the end of fiscal year 2014. The company plan to open about 40-45 branches a year.

Ratnakar Bank Mulls Financing
Jan 5 13

The Ratnakar Bank Ltd. intends to strengthen its capital base over the next couple of months as the bank prepares itself for the next phase of growth. It plans to raise up to INR 3 billion forma group of domestic and international private equity investors to finance its entry into new regions, expansion of branch network and product portfolio.

Similar Private Companies By Industry

Company Name Region
Barclays Bank India Pvt. Ltd. Asia
Shree Sadguru Jangli Maharaj Sahakari Bank Asia
National Bank for Agriculture and Rural Development Asia
Progressive Co-Operative Bank Ltd. Asia
The Zoroastrian Co-operative Bank Ltd. Asia

Recent Private Companies Transactions

Type
Date		 Target
Private Placement
January 12, 2013 		--
Report Data IssueReport Data Issue
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact The Ratnakar Bank Ltd., please visit www.ratnakarbank.co.in. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.

Close