DCB Bank, a leading private sector bank, is looking to raise up to Rs 400 crore by issuing equity shares to qualified institutional buyers (QIBs). The board of the Bank at its meeting held on March 07, 2017 has approved for the same.
DCB Bank has reported 24.51% rise in its net profit at Rs 51.30 crore for the quarter ended December 31, 2016 as compared to Rs 41.20 crore for the same quarter in the previous year. Total income of the Bank increased by 28.77% at Rs 614.31 crore for Q3FY17 as compared Rs 477.05 crore for the corresponding quarter previous year.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
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