RBL Bank Reshuffles Leadership Team to Strengthen Retail Banking

RBL Bank has announced a significant reshuffling of its leadership team, appointing Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities and T.S. Pari as Chief Operations Officer (COO). The strategic move aims to bolster the lender’s retail banking franchise and enhance operational efficiency.

New Appointments to Drive Growth and Efficiency

Narendra Agrawal brings over 25 years of experience in banking, with expertise in deposits, lending, distribution, and payments. In his new role, he will focus on driving deposit growth, enhancing customer experience, and seamlessly integrating branch banking with asset sales.

Similarly, T.S. Pari, who has also spent more than two decades in leadership positions across foreign and private sector banks, will be responsible for improving operational efficiencies, strengthening customer-centric initiatives, and reinforcing risk management practices within the bank’s core business operations.

CEO on Leadership Reshuffle

The appointments come as part of RBL Bank’s broader transformation strategy. MD & CEO R. Subramaniakumar emphasized that these leadership changes would accelerate execution in key business areas.

“Narendra and Pari bring extensive expertise in driving business growth, operational excellence, and customer-centric transformation. Their leadership will be instrumental in further strengthening our retail banking franchise and accelerating our execution in strategic priority areas,” he stated.

Continued Oversight by Alok Rastogi

Meanwhile, Alok Rastogi, Head of Corporate Centre, will continue overseeing the bank’s operations and cost optimization initiatives, ensuring alignment with the bank’s long-term strategic goals.

Stock Performance

On March 04, 2025, RBL Bank share price traded 1.26% lower at ₹153 at 9:23 AM (IST). RBL Bank’s share price reached a 52-week high of ₹277.33, and a 52-week low of ₹146. As per BSE, the total traded volume for the stock stood at 0.11 lakh shares with a turnover of ₹17.37 lakhs.

At the current price, RBL Bank shares are trading at a price-to-earnings (P/E) ratio of 9.50x, based on its trailing 12-month earnings per share (EPS) of ₹16.11, and a price-to-book (P/B) ratio of 0.60, according to exchange data.

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