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DCB Bank gets nod to raise Rs 300 crore on private Placement Basis

16 Nov 2017 Evaluate

DCB Bank has received an approval for issuance of Unsecured Non-Convertible Tier 2 Bonds for an aggregate amount not exceeding Rs 300 crore on private Placement Basis. The Bank’s Managing Director & CEO in consultation with the Chairman and the Chief Financial Officer has approved for the same.

DCB Bank is a scheduled commercial bank. The Bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. It has approximately 200 branches and approximately 410 automated teller machine (ATM) centers.


Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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