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Development Credit Bank informs cessation of directors

15 Oct 2012 Evaluate
Development Credit Bank has informed that Rajabbhai A. Momin and Amir A. Sabuwala, directors have ceased to be directors of the bank with effect from October 12, 2012 on account of their resignations for personal reasons.

Further, the company has appointed C. Narasimhan, Srinivasan Sridhar, Nalin Shah, keki Elavia and lmran Contractor as additional directors on the board of directors of the bank on October 12, 2012.

The above information is a part of company's filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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