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{{Short description|Bank in India}} | |||
{{Use Indian English|date=August 2020}} | {{Use Indian English|date=August 2020}} | ||
{{Use dmy dates|date=May 2014}} | {{Use dmy dates|date=May 2014}} | ||
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| industry = [[Banking]]<br />[[Financial service]]s | | industry = [[Banking]]<br />[[Financial service]]s | ||
| founded = 1930s | | founded = 1930s | ||
| key_people = {{Unbulleted_list| | | key_people = {{Unbulleted_list|Praveen Achuthan Kutty<br>{{small|([[Managing Director|MD]] & [[Chief executive officer|CEO]])}}}}<ref name="BalSheet"/> | ||
| products = {{Bulleted_list|[[Retail banking|Consumer banking]]|[[Agriculture & Inclusive Banking]]|[[Commercial bank|Corporate banking]]|[[Financial services|Finance and Insurance distribution]]|[[Mortgage loan]]s|[[Private banking]]|[[Wealth management]]|[[Investment banking]]}} | | products = {{Bulleted_list|[[Retail banking|Consumer banking]]|[[Agriculture & Inclusive Banking]]|[[Commercial bank|Corporate banking]]|[[Financial services|Finance and Insurance distribution]]|[[Mortgage loan]]s|[[Private banking]]|[[Wealth management]]|[[Investment banking]]}} | ||
| revenue = {{increase}}{{ | | revenue = {{increase}}{{INR|5836.28 crore}} (FY 23-24)<ref name="BalSheet">[https://www.dcb.bank.in/pdfs/BSE-NSE-Outcome-Of-Board-Meeting-24-04-2024-with-dividend-Fund-Raising.pdf "Balance Sheet 31.03.2024"]. dcbbank.com (31st March 2024).</ref> | ||
| operating_income = {{increase}} {{ | | operating_income = {{increase}} {{INR|2402.14crore}} (FY 23-24)<ref name="BalSheet"/> | ||
| assets = {{increase}}{{INR|63036.97 crore}} (FY 23-24)<ref name="BalSheet"/> | |||
| assets = {{increase}}{{ | | equity = 5067.86 crore | ||
| equity = | | num_employees = 11,325 (FY 23-24) <ref name="BalSheet"/> | ||
| num_employees = | |||
| location = [[Mumbai]], [[Maharashtra]], [[India]] | | location = [[Mumbai]], [[Maharashtra]], [[India]] | ||
| homepage = {{ | | homepage = {{URL|https://www.dcb.bank.in}} | ||
}} | }} | ||
'''DCB Bank Limited''' is a private sector scheduled commercial bank in India.<ref>{{Cite web |url=https://www.dcbbank.com/about/ |title= | '''DCB Bank Limited''' is a private sector scheduled commercial bank in India.<ref>{{Cite web |url=https://www.dcbbank.com/about/ |title=DCB | About DCB |access-date=22 November 2018 |archive-url=https://web.archive.org/web/20140202092438/http://www.dcbbank.com/about/ |archive-date=2 February 2014 |url-status=dead }}</ref><ref>{{cite web|url=http://www.dnaindia.com/money/report_development-credit-bank-eyeing-rs150-cr-through-qip-in-h2-aims-for-profit-in-q3_1372688 |title=Development Credit Bank eyeing Rs150 cr through QIP in H2, aims for profit in Q3 – Money – DNA |publisher=Dnaindia.com |date=18 April 2010 |access-date=16 March 2011}}</ref> It is amongst the new generation banks that received the scheduled commercial bank license from the bank regulator, [[Reserve Bank of India]]. DCB Bank received the licence on 31 May 1995.<ref>{{cite web |url=http://www.rupeetimes.com/banks/development_credit_bank_ltd.html |title=Development Credit Bank Ltd. |work=Rupee Times |date=31 May 1995 |access-date=16 March 2011 }}{{Dead link|date=July 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> | ||
A professional management team guided by the Board of Directors runs the Bank. DCB Bank’s business segments include Retail, micro-SME, SME, mid-Corporate, Agriculture, Commodities, Government, Public Sector, Indian Banks, Co-operative Banks and Non Banking Finance Companies (NBFC). It has approximately | A professional management team guided by the Board of Directors runs the Bank. DCB Bank’s business segments include Retail, micro-SME, SME, mid-Corporate, Agriculture, Commodities, Government, Public Sector, Indian Banks, Co-operative Banks and Non Banking Finance Companies (NBFC). It has approximately 2.5 million customers. | ||
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 | 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 34.44%. | ||
==History== | ==History== | ||
DCB Bank has | DCB Bank Limited has 451 branches across India, as on 30 September 2024, and has operations within the India geography.<ref>{{Cite web|last=Bank|first=DCB|title=Quick Facts|url=https://www.dcbbank.com/cms/showpage/page/about-us}}</ref> It is publicly listed in India on the Bombay Stock Exchange and National Stock Exchange respectively. DCB Bank offered shares to the public by an [[initial public offering]] (IPO) in 2006.<ref>{{cite web|url=http://economictimes.indiatimes.com/development-credit-bank-ltd/infocompanyhistory/companyid-4940.cms |title=Company History |publisher=economictimes.indiatimes.com |access-date=16 March 2011}}</ref> Historically, DCB Bank's origin from Maharashtra, India was the outcome of the merger between Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank to form Development Co-operative Bank. This changed to Development Credit Bank upon grant of the scheduled bank license by the [[Reserve Bank of India]] in May 1995. In 2013, early 2014 the Reserve Bank of India approved the name change to DCB Bank Ltd.. DCB Bank is the contemporary identity, registered entity, and corporate logo.<ref>{{cite web | url=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 | title=DCB Bank Q1 profit at Rs 700 million against Rs 650 million in Q1FY18 }}</ref> | ||
==Awards== | ==Awards== | ||
DCB Bank was the runner up Best Small Bank in India recognised by Businessworld Magna Awards 2018. It was also rated as the Best Small Bank in India by BusinessWorld Magna Awards 2017. The Bank was conferred the Good Corporate Citizen Award | DCB Bank was the runner-up Best Small Bank in India recognised by Businessworld Magna Awards 2018. It was also rated as the Best Small Bank in India by BusinessWorld Magna Awards 2017. The Bank was conferred the Good Corporate Citizen Award 2017–18 by the Bombay Chamber of Commerce & Industry. This was in recognition of the activities actively promoted by the Bank for sustainability and [[climate change mitigation]] across India. DCB Bank has been awarded the "Excellent Services of the Year" award by ASSOCHAM, in the 8th MSMEs Excellence Awards March 2022. It has also won the Best CSR Impact Award in UBS FORUMS 2022 for its work in Banki, Cuttack, Orissa for its Livelihood Improvement Project through Integrated Watershed Management. It has achieved the prestigious Great Place to Work Certification for 2022-2023 which identifies and recognizes Great Workplace Cultures. {{Citation needed|date=October 2020}} | ||
==See also== | ==See also== | ||
{{Portal|Banks}} | |||
* [[Banking in India]] | * [[Banking in India]] | ||
* [[List of banks in India]] | * [[List of banks in India]] | ||
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==References== | ==References== | ||
{{Reflist}} | {{Reflist}} | ||
==External links== | ==External links== | ||
*{{Official website|http://www. | *{{Official website|http://www.dcb.bank.in}} | ||
{{Agha Khan Fund for Economic Development}} | {{Agha Khan Fund for Economic Development}} | ||
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[[Category:1995 establishments in Maharashtra]] | [[Category:1995 establishments in Maharashtra]] | ||
[[Category:Banks established in 1995]] | [[Category:Banks established in 1995]] | ||
[[Category:Companies listed on the National Stock Exchange of India]] | |||
[[Category:Companies listed on the Bombay Stock Exchange]] | |||
Latest revision as of 21:42, 24 October 2025
 | |
| Traded as | BSE: 532772 NSE: DCBBANK |
|---|---|
| Industry | Banking Financial services |
| Founded | 1930s |
| Headquarters | Mumbai, Maharashtra, India |
Key people | [1] |
| Products | |
| Revenue |  ₹5,836.28 crore (FY 23-24)[1] |
| ₹2,402.14crore (FY 23-24)[1] | |
| Total assets | ₹63,036.97 crore (FY 23-24)[1] |
| Total equity | 5067.86 crore |
Number of employees | 11,325 (FY 23-24) [1] |
| Website | www |
DCB Bank Limited is a private sector scheduled commercial bank in India.[2][3] It is amongst the new generation banks that received the scheduled commercial bank license from the bank regulator, Reserve Bank of India. DCB Bank received the licence on 31 May 1995.[4]
A professional management team guided by the Board of Directors runs the Bank. DCB Bank’s business segments include Retail, micro-SME, SME, mid-Corporate, Agriculture, Commodities, Government, Public Sector, Indian Banks, Co-operative Banks and Non Banking Finance Companies (NBFC). It has approximately 2.5 million customers.
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 34.44%.
History[edit | edit source]
DCB Bank Limited has 451 branches across India, as on 30 September 2024, and has operations within the India geography.[5] It is publicly listed in India on the Bombay Stock Exchange and National Stock Exchange respectively. DCB Bank offered shares to the public by an initial public offering (IPO) in 2006.[6] Historically, DCB Bank's origin from Maharashtra, India was the outcome of the merger between Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank to form Development Co-operative Bank. This changed to Development Credit Bank upon grant of the scheduled bank license by the Reserve Bank of India in May 1995. In 2013, early 2014 the Reserve Bank of India approved the name change to DCB Bank Ltd.. DCB Bank is the contemporary identity, registered entity, and corporate logo.[7]
Awards[edit | edit source]
DCB Bank was the runner-up Best Small Bank in India recognised by Businessworld Magna Awards 2018. It was also rated as the Best Small Bank in India by BusinessWorld Magna Awards 2017. The Bank was conferred the Good Corporate Citizen Award 2017–18 by the Bombay Chamber of Commerce & Industry. This was in recognition of the activities actively promoted by the Bank for sustainability and climate change mitigation across India. DCB Bank has been awarded the "Excellent Services of the Year" award by ASSOCHAM, in the 8th MSMEs Excellence Awards March 2022. It has also won the Best CSR Impact Award in UBS FORUMS 2022 for its work in Banki, Cuttack, Orissa for its Livelihood Improvement Project through Integrated Watershed Management. It has achieved the prestigious Great Place to Work Certification for 2022-2023 which identifies and recognizes Great Workplace Cultures. [citation needed]
See also[edit | edit source]
References[edit | edit source]
- ↑ 1.0 1.1 1.2 1.3 1.4 "Balance Sheet 31.03.2024". dcbbank.com (31st March 2024).
- ↑ "DCB | About DCB". Archived from the original on 2 February 2014. Retrieved 22 November 2018.
- ↑ "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.[permanent dead link]
- ↑ Bank, DCB. "Quick Facts".
- ↑ "Company History". economictimes.indiatimes.com. Retrieved 16 March 2011.
- ↑ "DCB Bank Q1 profit at Rs 700 million against Rs 650 million in Q1FY18".
External links[edit | edit source]
Template:Agha Khan Fund for Economic Development
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