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.