Credit rating agency, CRISIL has revised its rating outlook on DCB Bank's lower Tier II bonds (under Basel II) to 'Positive' from 'Stable', while reaffirming the rating at 'A-'; the rating on the bank's certificate of deposits and short-term fixed deposits has been reaffirmed at 'A1+'.
The outlook revision reflects the stable asset quality performance despite sluggish economic environment and continued healthy capitalization.
DCB Bank is a modern emerging new generation private sector bank with 150 plus branches across 17 states and 2 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed. DCB Bank has contemporary technology and infrastructure including state of the art internet banking for personal as well as business banking customers.
