DCB Bank

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DCB Bank
Traded asBSE532772
ISININE503A01015 Edit this on Wikidata
Financial services
HeadquartersMumbai, Maharashtra, India
Key people
Mr. Nasser Munjee
Mr. Murali M. Natrajan
MD & CEO [1]
ProductsConsumer banking, Agriculture & Inclusive Banking Corporate banking, Finance and Insurance distribution, Mortgage loans, Private banking, Wealth management, Investment banking
RevenueIncrease2,076.15 crore (US$300 million) (2017)[1]
Increase 418.21 crore (US$60 million) (2017)[1]
Increase 199.68 crore (US$29 million) (2017)[1]
Total assetsIncrease24,046.37 crore (US$3.5 billion) (2017)[1]
Number of employees
4,979 (2017)[1]
Capital ratio13.76% [1]

DCB Bank Limited is a private sector scheduled commercial bank in India. It has a network of 334 branches.[2] and around 505 ATMs in the country.[3] It offers products to individuals, small and medium businesses, rural banking and mid corporates across the branch network.

DCB Bank also serves a client base of NRI customers from over 100 countries across the world. DCB NRI Banking offers very attractive Fixed Deposit interest rates in the country. This is obviously a much appreciated facility. Moreover, DCB NRI Customers can open a DCB NRI Account from anywhere in the world. A prospective customer only needs to log on the Bank's website, access the NRI open an account section and simply fill and submit online. The Bank's NRI Customer Service team available 24 Hours all through the year then reaches out to the customer to complete the account opening process.

The Aga Khan Fund for Economic Development (AKFED) is the promoter of the Bank with around 15% 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.[4]

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.

DCB Bank and Corporate Social Responsibility[edit]

Water is a national asset and the water crisis has been the reason for the Bank to focus CSR programmes around water. DCB Bank's CSR thrust areas are, protection of water bodies and sources of water, waste management, recycling, promoting startups, protection of monuments of national importance and promote renewable energy. DCB Bank is proud to have installed zerodor waterless urinals at the eponymous Wagah Border Check post, near Amritsar. The gents public toilets used by tourists are 100% waterless thus saving 1.5 to 1.8 liters per use.


DCB Bank has over the past two years doubled the branch network presence to 331 branches (as on 31 March 2019) from 160 branches in 2015. This relatively recent growth spurt has been instrumental in driving business growth as well visibility. The Bank has come a long way from humble beginnings 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.[5]


The Bank is present in 19 States and 3 Union Territories. Cities having DCB Bank branches are Agra, Ahmedabad, Ambala Cantt, Aurangabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Dehra Dun, Delhi NCR, Gandhinagar, Gurugram, Hyderabad, Indore, Dewas, Jabalpur, Jaipur, Jalandhar, Jodhpur, Kanpur, Kochi, Kolkata, Lucknow, Ludhiana, Mumbai, Meerut, NOIDA, Panjim, Patna, Pune, Surat, Trichy, Udaipur, Vadodara, Vishakhapatnam. DCB Bank is also focussed in expanding in tier 3 to tier 6 towns in Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Odisha 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, Uttarakhand and West Bengal.


DCB Bank was the runner up Best Small Bank in India recognised by Businessworld Magna Awards 2018, the Bank was rated as the Best Small Bank in India by Businessworld Magna Awards 2017. Recently the Bank was conferred the Good Corporate Citizen Award 2017- 2018, by Bombay Chamber of Commerce & Industry. This was in recognition for the activities actively promoted by the Bank for sustainability and climate change mitigation across India.


  1. ^ a b c d e f g "Balance Sheet 31.03.2017". dcbbank.com (15 March 2018).
  2. ^ https://www.dcbbank.com/about/
  3. ^ "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.
  4. ^ "Development Credit Bank Ltd". Rupee Times. 31 May 1995. Retrieved 16 March 2011.
  5. ^ "Company History". economictimes.indiatimes.com. Retrieved 16 March 2011.

https://www.business-standard.com/article/companies/dcb-bank-q1-profit-at-rs-700-million-against-rs-650-million-in-q-fy18-118071400624_1.html Business Standard 14 July 2018

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