Is RBL Bank better off after the RBI’s intervention?

New CEO Subramaniakumar may have made a slow start, but it remains to be seen if he can pick up the pace.

In June 2022, when R. Subramaniakumar was appointed at the helm of RBL Bank, the mandate was clear: Bump up the bank’s secured retail loan book as well as retail deposits and savings/current accounts.

His appointment was the second instance in two years of the Reserve Bank of India roping in a public sector banker to navigate a private sector bank out of a crisis situation. In early 2020, Prashant Kumar was put in charge of Yes Bank. He managed to steer Yes Bank from near collapse to profits in just a year. A high bar for Subramaniakumar. 

But the …


Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

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