DCB Bank

DCB Bank Limited

Type	Public company (BSE: 532772) (NSE: DCBBANK)
Industry	Banking Financial services
Founded	1930
Headquarters	Mumbai, Maharashtra, India^[1]
Key people	Nasser Munjee, Chairman,^[2] Murali M. Natrajan (MD & CEO)^[3]
Products	SME Banking Retail Banking Corporate Banking Agri & Inclusive Banking Wealth Management Home Loan & Loan Against Property (Mortgages) Credit Card
Revenue	₹6.48 billion (US$96 million)(2011)^[4]
Total equity	INR 1639 million Q1'16
Number of employees	3,500 approximately Q1'16
Website	Official Website

DCB Bank Ltd. is a private sector scheduled commercial bank in India. It has a network of 205 branches^[5] and 442 ATMs in the country.^[6] It offers products to individuals, small and medium businesses, rural banking and mid corporates across its branch network.

The Bank is present in 18 states and 2 Union Territories. Metros having DCB Bank branches are Ahmedabad, Ambala Cantt, Aurangabad, Bengaluru, Bhopal, Bhubaneswar, Chennai, Coimbatore, Delhi NCR, Gandhinagar, Gurgaon, Hyderabad, Indore,Dewas, Jabalpur, Jaipur, Jalandhar, Jodhpur, Kochi, Kolkata, Lucknow, Ludhiana, Mumbai, NOIDA, Panjim, Pune, Surat, Trichy, Vadodara and Vishakhapatnam. DCB Bank is also focussed in expanding in tier 3 to tier 6 towns in Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana.

States where DCB Bank branches are located: Andhra Pradesh, Bihar, Chhattisgarh, Delhi NCR, Gujarat, Goa, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal.

DCB Bank recently inaugurated branches at Kusnoor (Gulbarga) in Karnataka, New Delhi in the National Capital Region, Ajmer in Rajasthan and Vishakhapatnam in Andhra Pradesh.

The Aga Khan Fund for Economic Development (AKFED) is the promoter of the Bank with around 16.3% stake. Public shareholding under the Resident Individual category is approximately 39.4%. The Bank received the Scheduled Commercial Bank licence from the Reserve Bank of India on 31 May 1995.^[7]

DCB Bank's products and services range from loans for Small and medium enterprises and Mid Corporate customers, to Loans for individual needs such as home loan, loan against gold, commercial vehicle loan and small business loan. Agri & Inclusive Banking from DCB Bank includes tractor loan, loan against gold, warehouse finance, loan against warehouse receipt, dairy and farm loan, loans for microfinance organisations amongst other products.

DCB Bank Savings Accounts provide attractive value such as cash back option and personalised account number. Additionally, DCB PayLess secured credit card is a credit builder card. The Bank is active in the online and digital banking space with DCB on the Go - instant mobile banking, SMS banking, telephone banking, Visa money transfer, foreign exchange remittance service amongst others. Banking for NRIs or Non Resident Indians is also provided at DCB Bank.

History

Founded in the 1930s, in Mumbai from a series of Co-operative bank mergers with the Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank respectively. These 2 banks later merged to form Development Co-operative Bank, that changed to Development Credit Bank after it was granted the scheduled bank license by the Reserve Bank of India in May 1995. Development Credit Bank Ltd. went on to successfully offer shares to the public by an Initial Public Offering (IPO) in 2006. DCB Bank Limited is the new name of the Bank, changed with due regulatory approval in January 2014.^[8]

References

↑ "DCB | About DCB | Corporate Office". Dcbl.com. Archived from the original on 14 January 2011. Retrieved 16 March 2011.
↑ "'Development Credit Bank planning a meaningful stake sale this year'". Business-standard.com. 24 June 2009. Retrieved 16 March 2011.
↑ "Bank of Baroda, Development Credit Bank hike base rates - Money Matters". livemint.com. 5 October 2010. Retrieved 16 March 2011.
↑ "BSE Plus". Bseindia.com. Retrieved 16 March 2011.
↑ http://www.dcbbank.com/about/
↑ "Development Credit Bank eyeing Rs150 cr through QIP in H2, aims for profit in Q3 - Money - DNA". Dnaindia.com. 18 April 2010. Retrieved 16 March 2011.
↑ "Development Credit Bank Ltd.". Rupee Times. 31 May 1995. Retrieved 16 March 2011.
↑ "Company History". economictimes.indiatimes.com. Retrieved 16 March 2011.

External links

Official website

Banking in India

Reserve bank	Reserve Bank of India

Public sector banks	Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Bharatiya Mahila Bank Canara Bank Central Bank of India Corporation Bank Dena Bank IDBI Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Post Bank of India Punjab & Sind Bank Punjab National Bank State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of India State Bank of Mysore State Bank of Patiala State Bank of Travancore Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank

Private sector banks	Axis Bank Bandhan Bank Catholic Syrian Bank City Union Bank DCB Bank Dhanlaxmi Bank Federal Bank HDFC Bank ICICI Bank IDFC Bank IndusInd Bank Jammu & Kashmir Bank Karnataka Bank Karur Vysya Bank Kotak Mahindra Bank Lakshmi Vilas Bank Nainital Bank RBL Bank (Ratnakar Bank) South Indian Bank Tamilnad Mercantile Bank Limited Yes Bank

Cooperative banks	Buldhana Urban Cosmos Bank Repco Bank Saraswat Bank Shamrao Vithal Co-op. Bank TNSC Bank Rajkot Nagrik Sahakari Bank

Foreign banks	ABN AMRO Abu Dhabi Commercial Bank Antwerp Diamond Bank Australia and New Zealand Banking Group Bank Internasional Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon The Bank of Tokyo-Mitsubishi UFJ Barclays Citibank India Credit Suisse Deutsche Bank HSBC The Royal Bank of Scotland Scotiabank Standard Chartered

Regional Rural Banks	Andhra Pragathi Grameena Bank Kerala Gramin Bank Bangiya Gramin Vikash Bank Gramin Bank of Aryavart North Malabar Gramin Bank Pallavan Grama Bank Pandyan Grama Bank Paschim Banga Gramin Bank Sarva UP Gramin Bank South Malabar Gramin Bank Uttar Bihar Gramin Bank Vananchal Gramin Bank List of regional rural banks in Uttar Pradesh

Interbank networks	BANCS Cashnet Cirrus IMPS UPI MITR NFS PLUS RuPay

Defunct banks	Alliance Bank of Simla Arbuthnot & Co Bank of Bombay Bank of Calcutta Bank of Chettinad Bank of Cochin Bank of Hindostan Bank of Madras Bank of Madura Bank of Rajasthan Bank of Thanjavur Bareilley Corporation Bank Bengal Central Bank Bharat Overseas Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Commercial Bank of India Dass Bank Exchange Bank of India & Africa Global Trust Bank Grindlays Bank Hindustan Commercial Bank Imperial Bank of India ING Vysya Bank Lakshmi Commercial Bank Lord Krishna Bank Madhavpura Mercantile Cooperative Bank Mercantile Bank of India, London and China Miraj State Bank Nath Bank Nedungadi Bank New Bank of India Oriental Bank Corporation Oudh Commercial Bank Palai Central Bank Pandyan Bank Sikkim Bank State Bank of Indore State Bank of Saurashtra Times Bank United Industrial Bank United Western Bank

Related topics	Banks Board Bureau Banking Codes and Standards Board of India ATM usage fees in India De-Materialisation (DEMAT) Foreign Exchange (FOREX) Indian Financial System Code (IFSC) List of banks in India National Electronic Fund Transfer (NEFT) National Payments Corporation of India Real Time Gross Settlement (RTGS) Structured Financial Messaging System (SFMS) Prepaid Payment Instruments in India

This article is issued from Wikipedia - version of the 12/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.