DCB Bank has opened its new branch at Madlapur, Udgir Bidar Road in the district of Latur. This new branch will provide an array of agri-business, micro business and small and medium business banking products in Udgir, Nideban, Banshelki, Jaknal, Netragaon and nearby areas in Latur District.
The bank’s net profit for the quarter jumped by 5% at Rs 46.87 crore as compared to Rs 44.64 crore for the quarter ended June 30, 2014. The bank’s total income has increased by 20.88% at Rs 467.44 crore for the quarter under review as compared to Rs 386.69 crore for the corresponding quarter of the previous fiscal.