DCB Bank is planning to raise up to Rs 150 crore by issuing bonds on private placement basis. The Chairman and/or the Managing Director & CEO and/or the Chief Financial Officer may consider the proposal to raise further fund by issue of debt securities including Tier II Bonds, on private placement basis up to Rs 150 crore on or after January 6, 2018.
DCB Bank is a scheduled commercial bank. The Bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.